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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

Post by nozzpackon Jun 20, 2024 11:15am
106 Views
Post# 36097915

Massive Buying by NFG Insiders

Massive Buying by NFG InsidersPalisades Gold ( PALI ) only assets are 45 million NFG shares.

Over the past few months there have been massive insider buying, including 116,000 shares so far today.

The NFG CEO stated in late 2023 just after the tolling MOU that he would produce a PEA and MRE by exit Q2 of 2024.

Trial mining would then be expected to proceed .

Other than this, I can find no other reason for such buying..

AIMHO
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