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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 MineNL1on Dec 15, 2019 6:43am
77 Views
Post# 30456336

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

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

       I am not really sure what your motivation is for criticizing this company and shareholders of you already hold a short position unless you are invested in Anaconda.  

        You should really take a close look at the company's assets Hammerdown and Whisker Valley to get an idea on the value of the company and the upside potential.  Anaconda will be willing to buy these assets at any point so why sell them when they are severely undervalued.  The price will only go up on these assets as exploration continues and the projects are derisked and Anacondas resources in the region continue to dwindle.  That mill is not going anywhere.

Bullboard Posts