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Bullboard - Stock Discussion Forum
Maritime Resources Corp
V.MAE
Alternate Symbol(s):
MRTMF
Metals & Mining
Gold
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%).
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Bullboard (TSXV:MAE)
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(514)
•••
shiftyone
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Comment by
shiftyone
on Nov 29, 2024 7:52pm
RE:RE:RE:RE:HD Reserves Will Increase substantively in updated FS
We have had several multi million share days where it was buyers at the ask instead of sellers at the bid. End of the month rebalancing, margin calls. The buyers hoping the ask had to sell
...more
(3662)
•••
nozzpack
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Comment by
nozzpack
on Nov 29, 2024 4:28pm
RE:RE:RE:HD Reserves Will Increase substantively in updated FS
Yes, Garrod now needs to accept that the share price needs the help of a professional investor relations agency that has a record of advancing the share price of its clients. We can't even muster
...more
(818)
•••
NineLives
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Comment by
NineLives
on Nov 29, 2024 3:49pm
RE:RE:HD Reserves Will Increase substantively in updated FS
Plus the infrastructure all for a few cents. Mind numbing isn't it ! Thought an investor would put down $50 k today and scoop up those shares, that's a very nice block to buy for an initial
...more
(3662)
•••
nozzpack
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Comment by
nozzpack
on Nov 29, 2024 2:39pm
RE:HD Reserves Will Increase substantively in updated FS
As of 2018.....the latest that I could find....The Orion deposit contained measured and indicated resources of 1,096,500 tonnes grading 4.47 gpt for 157,600 ounces of gold and inferred resources of 1
...more
(3662)
•••
nozzpack
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Post by
nozzpack
on Nov 29, 2024 6:44am
HD Reserves Will Increase substantively in updated FS
Gold reserves are based on the number of ounces in the Measured Category ( Proven ) and Indicated Category ( Probable ). Together, these two grades comprise the Proven and Probable Reserves
...more
(3662)
•••
nozzpack
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Post by
nozzpack
on Nov 29, 2024 3:46am
Reprocessing of 150,000 ounces of Legacy Tailings…$550 m
See the link below from which I have calculated about 80,000 ounces on exempt lands and another 70,000 ounces outside exempt lands. A total of 150,000 ounces of gold plus small quantities of copper
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(3662)
•••
nozzpack
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Comment by
nozzpack
on Nov 28, 2024 4:57pm
RE:Reprocessing legacy mine tailings ..Baie Verte Economics
Within the exempt lands, there exists 1,5 million tons of legacy tailings containing 80,000 ounces of gold grading 1,6 grams per ton. Another 30,000 ounces of tailings exist on non exempt lands. For
...more
(3662)
•••
nozzpack
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Comment by
nozzpack
on Nov 28, 2024 4:38pm
RE:RE:RE:yikes
Thank you for that clarification. Its possible that a former Maritime shareholder sucked into the Goldboro pump now has to liquidate his Maritime shares to cover his Signak losses. I thought
...more
(196)
•••
Rogg47
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Comment by
Rogg47
on Nov 28, 2024 3:55pm
RE:RE:yikes
Thats's not Signal, they've sold all their shares before September 30th. See below from Note 9. Investments in the latest Financials: "As part of the sale of Point Rousse (note 3), the
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(818)
•••
NineLives
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Comment by
NineLives
on Nov 28, 2024 1:58pm
RE:RE:yikes
I wasn't aware Signal had any shares left ? Nozzpack do you know how many ? Pity that offer came in as the share price was just on the cusp of gaining traction. One step forward then one back
...more
(3662)
•••
nozzpack
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Post by
nozzpack
on Nov 28, 2024 11:21am
Reprocessing legacy mine tailings ..Baie Verte Economics
This is a very good choice for a region like Baie Verte which has a strong history of economic development via mining. The Baie Verte Development Committee requested proposals for reprocessing
...more
(3662)
•••
nozzpack
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Comment by
nozzpack
on Nov 28, 2024 10:52am
RE:yikes
Scotia seliling has kept the price contained for several weeks. This big wall is Scotia, perhaps Signal selling its last Maritime shares in a single block. If so, we should then be rid of the
...more
(3662)
•••
nozzpack
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Post by
nozzpack
on Nov 28, 2024 9:42am
Gold Tailings ,,,next Big Revenue Source for Miners
https://feeco.com/tailings-retreatment-the-next-big-revenue-source-for-the-mining-industry/
(3662)
•••
nozzpack
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Post by
nozzpack
on Nov 28, 2024 9:35am
100,000 ounces of gold on Exempt lands
80,000 ounces are within the EML .....20,000 ounces outside. These tailings are dry tailings ....on land...so much easier to remove and process https://www.gov.nl.ca/iet/files/pdf-rqst
...more
(3662)
•••
nozzpack
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Comment by
nozzpack
on Nov 28, 2024 9:24am
RE:Very, Very Interesting
In 1987, the Newfoundland Department of Mines evaluated the potential for economic concentrations of gold and base metals in the Rambler tailings area (Collins, 1987). A total of 1005
...more
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