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Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMD

Maritime Resources Corp. is a Canada-based gold exploration and development company, which is focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. The Company holds a 100% interest directly and is 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. The Company controls over 439 square kilometers (km2) of exploration land, including the Green Bay, Whisker Valley, Gull Ridge, and Point Rousse projects. The mineral processing assets owned by the Company in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit.


TSXV:MAE - Post by User

Comment by nozzpackon Jun 19, 2025 4:39pm
138 Views
Post# 36615658

RE:RE:RE:Eric Sprott mine site inspection

RE:RE:RE:Eric Sprott mine site inspectionWe are just off the starting pad .

Once you realize that NFG with a market cap of $405 million is trading at 5.90 times book while MAE is trading at 2.6 times book, with two mills valued at $150 million , fully permitted infrastructure , an open pit grade that is over two times that of QWN grade of 2 grams , with GC drilling indicating that its grade could be three times that of QWN, currently already cash flowing from stockpiles and HD waste ore thst has a higher grade than QWN open pit grades of 2 grams , that NFG is entirely dependent on MAE 
mills for early production..at our option....yet not an ounce in the best category of Measured..you can only conclude just a grossly undervalued we are at $160 million market cap.

You can bet that Dundee will soon be chirping in with their promotional material , as we are their largest potential mining asset holding.

Do not be surprised if we eclipse NFG share price in the next few months ...and still be very undervalued..
GLTA


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