Morien Resources Corp V.MOX

Alternate Symbol(s): APMCF

Coal Coal

Morien Resources Corp. is a Canada-based mining development company. The Company’s principal business is the identification and purchase of mineral interests and projects. The Corporation holds two royalty interests on the sale of coal from the Donkin Mine in Cape Breton, Nova Scotia, and a royalty on the sale of crushed stone from the permitted Black Point Quarry Project, in Guysborough County, Nova Scotia. The Company owns a gross production royalty on coal sales from the Donkin Mine in Cape Breton, Nova Scotia, owned by Kameron Collieries ULC, a subsidiary of The Cline Group LLC. The Black Point Aggregate Project is a granite deposit with a mine life of around 75-years located along the southern shore of Chedabucto Bay in Guysborough County, Nova Scotia. The Project possesses suitable characteristics for the development of a crushed stone marine export operation for supplying markets in the eastern United States.

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Morien Resources Corp

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Comment by cupricityon Oct 14, 2016 2:24pm

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Post# 25344613

RE:RE:Anglo wants 212/tonne for this quarter.

2pack the exchange rate today is 1.32 so 200 is 264. Anybodies guess if this is a blip but I can tell you one thing not one single "expert" predicted met coal at 200+ right now. I will stick with my conception that met coal is volatile but rare. Chris Cline is efficient and smart. Morien/Donkin is the largest lowest cost met coal mine in the world. John Budreski can squeeze money out and this little gem is going to print money until 2044.

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