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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 NineLiveson Jun 24, 2025 11:23am
115 Views
Post# 36620436

RE:MAE Price

RE:MAE PriceUndecided on that tatic. Still not sure at this stage that MAE and NFG are a good fit.  Possibly down the road as the mill starts humming and NFG deliniates more resources.

I see MAE is bid up again. My low bids got filled just adding more shares to a long term investment strategy. Ran some numbers on profit that MAE will produce and seems to me that they'll have more than enough net income to not only increase their monthly exploration budget but also pay a quarterly dividend and initiate an annual share buy back. Hope they're smart enough to do this while the funds are flowing in.
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