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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 > 50 BP Fed reduction
View:
Post by goldsoldat on Sep 19, 2024 3:45am

50 BP Fed reduction

Nozz: I am a MAE shareholder. Of the many MAE positive possibilities you have listed, please identify which ones might be enhanced by the most recent 50 BP Fed reduction. Thank you. Goldsoldat
Comment by nozzpack on Sep 19, 2024 5:18am
MAE is gold based with polymetalic greenfield discoveries which also contain gold. What distinguishes Maritime from other juniors is its ability to monetize its gold assets because it has the Pine Cove mill and associated permitted mining assets such as long term tailings ponds along with a Deep water port and lots of space to add / consolidate mining infrastructure. So, upon full upgrade of the ...more  
Comment by colt45acp on Sep 19, 2024 8:24am
Good posts. But SHOW ME THE MONEY!
Comment by MAKEITBACK on Sep 19, 2024 2:33pm
Nozz--- That is the point. In 18 mnths maybe we start producing. I wonder if this company can survive 18 months. Have you noticed that all of our plans are spending money? Nothing coming in. We could have put off the upgrade at the mill until we had processed enough ore to pay our bills and the upgrade. All this with record high gold prices! That mill was working well for Signal.
Comment by nozzpack on Sep 19, 2024 3:51pm
Have you no clue. We will begin producing gold just as soon as the current mill upgrade is complete so that gold recovery will be close to 98%. Those ounces will come from  old stockpiles right around the Pine Cove mill which is almost onsite and cheaply mined.....weeks or so..
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