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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... see more

TSXV:MAE - Post Discussion

Maritime Resources Corp > Gold break out Big Time
View:
Post by nozzpack on Feb 01, 2024 1:31pm

Gold break out Big Time

The Reason..

1....The FED says no more rate hikes.......they can't afford to as the US debt interest payments will be astronomical 

2...This is election year and the FED is accommodative and will reduce rates 

3..Support funds will be no longer available to US banks to offset their losses on USTs 

4...Gold stocks have been shorted to hell .....the valuations of producers are the lowest in decades .
No where to go but up.

Buy when the streets are running in blood .....
Comment by DanWarren on Feb 01, 2024 3:07pm
Ha! I just wrote a post somewhat similar on the NFG board at stockhouse. https://stockhouse.com/companies/bullboard/v.nfg/new-found-gold-corp?threadid=35857818
Maritime Resources Corp