Maritime Resources Corp V.MAE

Valuation of gold Explorers Relative to Gold Producers

[nozzpack]

The leverage to rising gold producers is quite different for producers relative to gold explorers.

This is related to the fact that explorers can only operate through sustained equity dilution rather than self finance its asset growth via cash flows.

This difference has been exacerbated this past 2-3 years due to the inflated costs to explore and then build a mine.

Further, smaller gold producers enroute to initial production have much greater upsides than established producers because the growth of their production is much higher.

I have done very well on my gold producers but much less so in explorers such as NFG.

The valuation difference is in the range of 3 to 5 times in favor of producers.


So, as production is initiated for Maritime, we should see our share price rise by at least 3-5 times by the time that the new accelerated phase of production begins in Mid August 2025 when Bootstrap test mining of HD begins and elevated grade of gold enters the mill.

In the meantime, we will be in play and subject to regular issuance of development news along with the
possibility that NFG will sign the tolling agreement.

That would be exceptional news.

So, stand by for a progressive increase in your investment here and GLTA

[Zibo510]

The Lassonde Curve party is just getting started 

[Ork]

lol & 4 cnts gets smacked in the chops again, sorry matey nobody invented that curve its how the markets traded for eons- yea ok my take on this- there about 6 months behind where they should be-lots of catching up to do, get it to 05 then consolidate get the uncertainty out the way & move on