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... see more

Add To Watchlist

TSXV:MAE - Post Discussion

Maritime Resources Corp > Nozzpack FS calculations

View:

Post by DoumDiDoum on Nov 08, 2023 12:14pm

Nozzpack FS calculations

Nozzpack:

" demolished" his theory about the FS recalculations."

Theory ?
I Posted the 2022 FS results which was based on costly upgrades to the Nugget Pond mill and compared those to probable ups and downs in line cost items if the Pine Cove mill had been available in 2022.

There was no theory involved.
Further, cash flows from Stoger will mitigate most of the capex costs ex Nugget Pond Mill.

Please, do your calculations again taking into account that Capex will not be 0$ as your rosy glasses estimates suggest.

Also, SGNL did not process with Stoger Tight because a lot of money was needed to throw in before getting any ca$h from the deposit (so it's quite risky). So don't think you can generate ca$h flow rapidly with that one.

139

Comment

Comment by tdsb on Nov 08, 2023 12:35pm

Unfortunately a lot of posters have big egos and they can't get along and provide useful information without getting into bad feelings. If you own this stock and you like this play there is nothing to be gained by disparaging another poster. Some people never learn to think about the negative effect of saying I got this right and you didn't, it doesn't help anyone and especially the ...more

Comment

Comment by DoumDiDoum on Nov 08, 2023 1:13pm

Well, I guess this is directed to me. I like discussing when facts are brought to the table. Are you tolerating other's because they are pumping the stock? I'm just saying to keep the discussion with facts. I asked questions, pin point false information and Nozzpack prefers no to respond. I know why... because he has no substance. Go to his history on the SGNL bullboard and you will know ...more

Comment

Comment by tdsb on Nov 08, 2023 2:16pm

Hi DDD, I would appreciate hearing your facts and then we can have a conversation. Cheers!

Comment

Comment by Rogg47 on Nov 08, 2023 5:19pm

"...but I detest pumpers calling only good shots and forgetting about the bad or questionable ones." Geezzzzz that's exactly what your're doing with SGNL!!...

Comment

Comment by DoumDiDoum on Nov 09, 2023 9:56am

Rogg47, you are a long time poster/reader of SGNL board: did I post ONLY positive post? No, I would say that I'm about 60/40 and called the bad shots when there were some.

Comment