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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 shiftyoneon Jul 18, 2024 10:01pm
102 Views
Post# 36139458

The joke is on us.

The joke is on us.This management team has had tooI  much time to not really have made any progress.

I don't want to hear about permits they got years ago, but have not been able to do anything with.

If you look at the track record.  In two years there will be 200 million  (divide by ten) more shares outstanding.  And the only people making money off this stock will be the management.

Yes, I am getting frustrated.  And as the years go by I get more frustrated.

These clowns don't even know what they are doing.  They are out of their league.  But... they are happily accepting a salary that is twice what the prime minister of canada makes.
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