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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 Zibo510on Oct 21, 2024 7:05pm
45 Views
Post# 36275777

RE:RE:RE:RE:Accelerated Mining of Stoger Tight

RE:RE:RE:RE:Accelerated Mining of Stoger Tight The SP has lingered in the. 04 to .06 window for roughly 2 years. 

I suspect that during that time period shareholders that lost faith or $'s  have been flushed  out and replaced by strong hands and that is being reflected in the tight trading and low volume despite a 50% increase in roughly a month. 

As well the Pinecove mill was acquired during that period of time and the business plan and a new source of revenue developed, as well Dundee came on board during that period of time. 

From what I can see this is a completely different company from 2 years ago. 

I followed this play for quite some time and finally took a position about a month ago and am glad I did. 

I have had a position in LGC for a while and Nozzpack joined that MB, he seemed very knowledgeable so I followed his posts and that led me to Maritime, Thanks Nozzpack. 

Sometimes following bread crumbs leads to a Bakery 
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