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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
> Hammerdown
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(483)
•••
shiftyone
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Post by
shiftyone
on Jun 24, 2024 12:07am
Hammerdown
They have been talking about this for years. literally years. and i don't think they are any further ahead than they were years ago.
(3461)
•••
nozzpack
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Comment by
nozzpack
on Jun 25, 2024 8:21am
Really ? They could do nothing at all at HD until they had full NL Govt EGS approval but drill more holes which they did and complete the first FS which they did . They also acquired the Point Rousse assets and Pine cove mill which will make us lots of money and reduce HD capex . That full approval was only receuved 2 months ago and we are already negotiating financing. I am very very pleased
...more
(483)
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shiftyone
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Comment by
shiftyone
on Jun 26, 2024 12:02am
great. and if the warrants ever come in the money they may be exercised. But the warrant holders will likely sell their own shares so that they can exercise the warrants. So if it ever does go above .07, there will be a ton of paper to get through. I'm talking maybe hundreds of millions. This will be a long trudge. Right now, we have been dealing with .045
...more
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