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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

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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.
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  
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