Morien Resources Corp V.MOX

Alternate Symbol(s): APMCF

Steel Steel

Morien Resources Corp. is a Canada-based mining development company. The Company’s principal business is the identification and purchase of mineral interests and projects. The Corporation holds two royalty interests on the sale of coal from the Donkin Mine in Cape Breton, Nova Scotia, and a royalty on the sale of crushed stone from the permitted Black Point Quarry Project, in Guysborough County, Nova Scotia. The Company owns a gross production royalty on coal sales from the Donkin Mine in Cape Breton, Nova Scotia, owned by Kameron Collieries ULC, a subsidiary of The Cline Group LLC. The Black Point Aggregate Project is a granite deposit with a mine life of around 75-years located along the southern shore of Chedabucto Bay in Guysborough County, Nova Scotia. The Project possesses suitable characteristics for the development of a crushed stone marine export operation for supplying markets in the eastern United States.

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Morien Resources Corp > NIA was right about it all except the timing

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Post by cupricityon Nov 29, 2021 6:03pm

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Post# 34177747

NIA was right about it all except the timing

Well we got pumped by the NIA, which provided a chance to sell some in the 50s and 60s. Now the overreaction to the pumping on the high side has returned to the low side. I have a feeling it is almost time to shrink the share count on behalf of some impatient folks who got caught up in NIA predictions of imminent mine opening.
The stock market is an instrument to transfer wealth from the impatient to the patient.

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