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Bullboard - Stock Discussion Forum
Maritime Resources Corp
V.MAE
Alternate Symbol(s):
MRTMF
Metals & Mining
Gold
Maritime Resources Corp. is a Canada-based gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. The Company holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold...
project. It controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. The Company owns mineral processing assets in the Baie Verte mining district, which include the Pine Cove mill and the Nugget Pond gold circuit. It also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its land holding, across all its properties, covers an area of approximately 43,925 hectares, of which the Company holds a 100% mineral rights interest in 37,050 hectares with the remaining 2,175 hectares under option agreements (100%).
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Bullboard (TSXV:MAE)
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•••
PressRelease
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Post by
PressRelease
on Jul 17, 2024 8:35am
New Press Release - Maritime Confirms High Gold Recoveries at Hammerdown
Toronto, Ontario--(Newsfile Corp. - July 17, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce positive results from an ongoing metallurgical test program for the Hammerdown Gold Project ("Hammerdown" or the "Project"). Hammerdown...
read article.
(3453)
•••
nozzpack
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Post by
nozzpack
on Jul 17, 2024 6:51am
Peer Based NPV Valuation
This is for gold stocks based on their FS NPV It has been and continues to be the objective valuation index. This valuation is based on 0,72 NPV ( Net Present Value ). Sprott did an Analytical
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Jul 17, 2024 5:42am
RE:RE:got a wee bit bored tonight
The balance sheet omit latency One must look at how the Point Rousse assets and especially the revenue potential of the Pine Cove mill has transformed Maritime's valuation . As Sprott has
...more
(82)
•••
Ork
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Comment by
Ork
on Jul 17, 2024 5:38am
RE:RE:got a wee bit bored tonight
all the assets-mill only part of them
(482)
•••
shiftyone
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Comment by
shiftyone
on Jul 16, 2024 11:57pm
RE:got a wee bit bored tonight
So do you think that someone will buy them out at fourteen? That will be almost a hundred million for basically a mill that they bought for a few million a year ago? And any potential
...more
(82)
•••
Ork
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Post by
Ork
on Jul 16, 2024 10:12pm
got a wee bit bored tonight
so got the napkin out-cleaned it, lol & went over mae's books. now without getting distracted by this & that just followed the pure assets & what they be worth- take away share debt
...more
(3453)
•••
nozzpack
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Post by
nozzpack
on Jul 16, 2024 1:46pm
Keats Trench Channel Sampling
For those who don't follow NFG, Keats trench has been stripped of overburden and is now being channel sampled. I have estimated that this high grade trench contains about 450,000 ounces of gold
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(82)
•••
Ork
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Comment by
Ork
on Jul 16, 2024 1:31pm
RE:RE:RE:Mae doing this all backwards
Ja confusion there-barcows me thinks your post should have been directed at nozzpack as this was the poster that brought up timelines-anyways here we sit till aug 8th & on - waiting as GOLD
...more
(3453)
•••
nozzpack
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Post by
nozzpack
on Jul 16, 2024 1:10pm
POG Breaks Through All Time high
Now at $2463 almost $20 higher. One wonders what will be the next price eclipse....$2500 is not all that far away. The 2022 FS was based on $1700 POG, as I recall. It will now be that much
...more
(181)
•••
Rogg47
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Comment by
Rogg47
on Jul 16, 2024 11:56am
RE:RE:RE:Mae doing this all backwards
Loll funny I was just using Nozzpack "argument" on Ork against himself and I'm the one you're calling stupid?!... Not enough smart too understand the subtility?!? Stupidity.....
(30)
•••
barcows
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Comment by
barcows
on Jul 16, 2024 11:31am
RE:RE:Mae doing this all backwards
We will see. have seen more cases of bad with consodation than good. Does it really matter how long somebody has posted here, new investors buy into companies every day. Rogg47, what is an acceptable
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Jul 16, 2024 10:23am
RE:Mae doing this all backwards
Everything was acquired cheaply in advance of a FS in 2022 which revealed and confirmed that HD is a superb high grade gold deposit capable of throwing off millions in free cash flows with
...more
(82)
•••
Ork
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Post by
Ork
on Jul 16, 2024 8:36am
Mae doing this all backwards
don't matter if theres 595 mill shares or 59 mill out there-they should have got the company on solid ground-if a toll arrangement seal it-mine hammer down -get the stock above 7 cnts-get warrants
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Jul 16, 2024 8:14am
RE:RE:Ork
Your investing skills , as shown by your KNR investment losses, identify you as someone who should not be investing in equities. All pennies who own moose pasture or no tangible assets and who
...more
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