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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 > Would it be awful?
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Post by shiftyone on Aug 07, 2024 8:27pm

Would it be awful?

If they diluted the shares by 40% at .034, and then in a month sign a toll mining agreement.  Which would have moved the shareprice to .10 easily.  When it was .065.  But they dilute at that price, any toll agreement will be worth a lot less.  We know they must have been talking.  They are upgrading the mill.  So to me.. I'll be happy with a price rise, but will be annoyed that they did this financing at such a manipulated low price.  I guess it's all fun and games.
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