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. The Company is focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. The Company holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property, which... see more

Add To Watchlist

TSXV:MAE - Post Discussion

Maritime Resources Corp > Enterprise Value of Hope Brook twice that of Goldboro

View:

Post by nozzpack on Sep 20, 2024 4:00pm

Enterprise Value of Hope Brook twice that of Goldboro

My my, how things change.

Of course, Big Ridges Hope Brook has the option to merge or toll mill its 1.4 million ounce gold deposit at the Pine Cove mill.

That option is not available to Goldboro.

With POG near $2650 US, Hope Brook and Maritime would be a very good combo for an extended mine life of about 20 years. ...and about $ 7 billion in LOM revenues .