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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 shiftyoneon Jun 26, 2024 12:02am
77 Views
Post# 36106327

RE:RE:Hammerdown

RE:RE:Hammerdowngreat.  and if the warrants ever come in the money they may be exercised.  But the warrant holders will likely sell their own shares so that they can exercise the warrants.  So if it ever does go above .07, there will be a ton of paper to get through.  I'm talking maybe hundreds of millions.  This will be a long trudge.  Right now, we have been dealing with .045 and .05 bids the last month.  While all this excitement is supposedly happening.  I'm a sucker for a good story.  I'll probably end up selling at .035.

I
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