Maritime Resources Corp V.MAE

Dundee’s Merger Tendency

[nozzpack]

A good example is it's amalgamation of Reunion Gold with G mining, from which it made a small fortune.

Combining two companies with complementary assets can  substantially increase the value of the combined entity...which is the entire intent of the exercise .

There could be no better example than Firefky and Maritime.

The physical assets ......three mills all able to produce a copper-gold concentrate or gold concentrate ...consolidation of all assets to Point Rousse with its tailings ponds, large storage capacity and Deep Water Port.....installation of common efficiency equipment such as central ore sorter., crushers etc.....gold production offsetting the cyclical declines in copper prices....a TSX listing for Firefly....and the market cap heft to acquire significant other assets that can quickly add asset value.


Add operational efficiencies by a unified operation and its a marriage made in heaven.

Combined milling capacity would be 1 million tons per year........enabling Firefly to substantially incresase copper production from its newly drill defined high grade copper lodes while sustaining gold production by Maritime.

An alternative could be NFG merger but that lacks the all engrossing synergies that the merger with Firefly would have .

Just a thought..

[colt45acp]

Here you on that one. Good thought. jmo.