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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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TSXV:MAE - Post Discussion
Maritime Resources Corp
> My Impression
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tdsb
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Post by
tdsb
on Nov 01, 2023 6:02pm
My Impression
NFG WILL WANT THE PINE COVE MILL. NFG IS THE GUERILLA THAT MARITIME WILL NEVER BE! THIS IS JUST A WAITING GAME IN MY OPINION! Cheers!
(44)
•••
tdsb
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Comment by
tdsb
on Nov 01, 2023 7:30pm
This company has a big target on its back and it say's TAKEOVER. New Found Gold has probably thirty to forty million ounces of gold once their deposit is proven up and they will want a mill to feed their resource rich property. With inflation these days building a new mill could cost upwards of $500 million. The market cap of Maritime Resources is peanuts, maybe $24 million at today's
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