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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 Sep 18, 2024 10:37pm
72 Views
Post# 36230302

Despite all MAE advancements,

Despite all MAE advancements,The only thing that matters to investors is the share price really.

And the current management had brought it to an all time low.

Congratulations.  Enjoy your about $500 000 a year in compensation.  Oh, and don't forget to pay the payroll clerk well over a hundred thousand, and the geologist.... well they don't normally make what they are being paid.  Great job if you can get it for the easiest degree to get.  Sure....probably $200 000/.   Don't forget the rents that are being paid.  This is actually nuts that I am invested in this company...  they  have done zero from an investor point of view.  But they are living sweetly.
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