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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 theblackestcaton Dec 05, 2019 5:09pm
108 Views
Post# 30426705

RE:So where r they now.............

RE:So where r they now.............Better recheck your history 
Both companies have performed terribly since the hostile takeover bid but infact ANX has decreased even more than MAE.
Just check the chart from April 2018 on both them together till now. 

Also, what are you trying to prove here? making fun of ghosts from your past upset you got burnt on ANX? you seem pretty but hurt about something. 

Either way I would say that the risk reward ratio at $0.07 is very low for a short term hold until drill results next month. 

Lotto ticket? yes but at least there is a catylst coming with those results.

I picked up a long position last week at 0.07 and will wait for results. 

If you hate the company so much this would be a good time to short it because those results will move the price at least a couple cents in pos or neg direction.

Put your money where you mouth is or just stop spewing innaccurate trash  

Cheers 

TBC
Bullboard Posts