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Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMF

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%).


TSXV:MAE - Post by User

Bullboard Posts
Comment by MikPreciouson May 06, 2018 11:09am
79 Views
Post# 27988637

RE:RE:RE:Objective assessment of both companies

RE:RE:RE:Objective assessment of both companiesFirstly explain to me why they have debt of $5million!  MAE is currently hired advisors to do that and will recent send that information.  At least I can say MAE has no debt.  Keep in mind the consolidation price of ANX was recently done.  Ask yourself why.  Someone did correctly informed me that the production is not just 6-9 months but it’s nothing long term either.  Due diligence is correct and just wait soon to hear why ANX is so desperate.  
Bullboard Posts