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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

Comment by DanWarrenon Jan 25, 2024 10:16am
80 Views
Post# 35844853

RE:RE:RE:RE:Nice to see fish and chip takeouts

RE:RE:RE:RE:Nice to see fish and chip takeouts Well, Nozz, thanks for your great posts explaining the prospects of Maritime.

I came on board on the news of the MOU with NFG, but now am realizing there is so much more to Maritime.

The current historic valuations of the gold exploration stock  sector is at historic lows, while the general stock market is still in historic nosebleed territory. 

I find it amazing to see the miniscule market caps of these junior exploration stocks of various resource projects. It's a literal treasure trove of opportunities.

But, of course, you have to find the RIGHT resource exploration stocks, as most will fail/flounder.

Maritime appears to be a diamond among the 1500 + resource exploration stocks.

I particularly like the signs of confidence that Dundee Corp has shown in investing in MAE, as well as your info on the other sophisticated investors buying into MAE.

The irony in the BIG Picture is that younger investors keep betting on various crypto tokens, thinking they may get a ten or twenty bagger, yet these tokens have no cash flow, and the 'analysis' of them is always just looking at charts and calling price targets.

Yet, the potential for ten baggers and more exists in this junior exploration stock sector, because of the ludicrously valued stocks with actual values you can analyse.

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