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Bullboard - Stock Discussion Forum Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMF

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 > Firefly Bulking Up to Big Time
View:
Post by nozzpack on May 16, 2024 6:22pm

Firefly Bulking Up to Big Time

Its market cap is now $455 million ....from a Junior penny.

It called the Copper deficit correctly .

Its market cap is now 50% that of NFG.

This, by strategically buying a marginal copper mine and $250 million in infrastructure for Just $60 million .
Another forgotten penny acquired $200 million in replacement / productive infrastructure in the same mining district just as gold began its expected ascent to record highs , once again in its 5000 year old role as an alternative to fiat currency.

Nothing is ever sure, but having taken an initial position in Maritime, having negotiated critical  access to just one of our assets and now bulking up for other critical strategic assets, it's not unlikely that we will play an important role in Fireflys move to mid tier status.

GLTA
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