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Morien Resources Corp V.MOX

Alternate Symbol(s):  APMCF

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.


TSXV:MOX - Post by User

Post by motowngoldon Jul 18, 2022 10:11am
472 Views
Post# 34831110

Report - the plan to re open the mine is underway

Report - the plan to re open the mine is underwayWhat is everyone waiting for? I already have a lot of shares, but if I did not, I would be buying in size as soon as I could. Couple this news, with the reality in places like Germany, that the green energy plans do not work and they are turning back to coal, this could be a lifestyle chaning investment. Low float, years of production ahead and the plan to pay a huge dividend. In the junior space, it really does not get much better than this for a risk to reward opportunity. 

Here is the report.

https://miningconnection.com/longwall/news/article/kameron_collieries_set_to_reopen_donkin_underground_coal_mine_canada/
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