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Bullboard - Stock Discussion Forum Morien Resources Corp APMCF


Primary Symbol: V.MOX

Morien Resources Corp. is a Canada-based mining development company. The Company’s principal business is the identification and purchase of mineral interests and projects. The Corporation holds two royalty interests on the sale of coal from the Donkin Mine in Cape Breton, Nova Scotia, and a royalty on the sale of crushed stone from the permitted Black Point Quarry Project, in Guysborough County... see more

TSXV:MOX - Post Discussion

Morien Resources Corp > 1st quarter
View:
Post by Mackthenife on Apr 04, 2023 7:32pm

1st quarter

Should be much better than previous training quarter !  Hoping we get a bit higher divvy this quarter as we are trending the right direction. Keep up the great work Dawson and all
Comment by cupricity on Apr 04, 2023 10:07pm
My guess is a 1 cent dividend announced May 15th for June 25th payout or so.  It will go higher.  Coal has bottomed and is going higher, helped by Australia limiting coal exports to 5% less than 2022 numbers.  This is a huge impact on global supplies.  ESG has choked off coal supply and that will not change for many years to come. Privately help export coal companies that are ...more  
Comment by fredo1 on Apr 06, 2023 8:51pm
Need about 85k tons/month to pay 1cent. Sounds about right plus the opionality of higher coal price(after a brutal decline from recent highs).
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