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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 BASTILLEDAY4Uon Jul 05, 2018 8:36pm
82 Views
Post# 28275606

RE:"Breach of Fiduciary Duty"

RE:"Breach of Fiduciary Duty" cardinal, it's clear to me Maritime management outmanouvered the lawyered up claim jumpers, oh it looked like a good plan, offering Anaconda shares with no fixed value, on the cheap, but I expect this deal to fail miserably for Anaconda and leave anx shareholders with a hefty legal bill. This being said, I have to stick with whatever Maritime management deals out, hopefully we keep the gold in the ground where it is safe and does not expire worthless, maybe another buyer with deep pockets is waiting on the sidelines.

Bullboard Posts