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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 Aug 20, 2018 9:26pm
75 Views
Post# 28490254

RE:RE:Dug's a genius ,

RE:RE:Dug's a genius , If you read the last quarterly financials Anaconda released, you would have seen it costs a lot to mine at these spot gold prices, $ 500 thousand loss for Anaconda last quarter and yet you are here telling us how dumb it is to sit on it. Keep in mind your also depleting your reserves and having shareholder take a loss to do it. Like most other cash bleeding miners, Anaconda management has no choice.
Bullboard Posts