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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 > Dundee Forward Tax Loss Pools
View:
Post by nozzpack on Oct 19, 2024 3:37am

Dundee Forward Tax Loss Pools

It is worth noting that Dundee had, as of December 31 2023,  operating loss carry forwards of $511,326,000 as well as capital loss carry forward of $305,885,000.

These can be used to offset earnings profits and any capex costs.

Yesterday, Dundee finally woke up with huge volumes on the news that it is a top pik of Rick Rule.

Among their current Mining stocks, Maritime stands out as the best cash cost and best cash cow, based on the 2022 FS extended to 10 years by adding other deposit credits to that of HD.

They may want to acquire more of Maritime for such forward tax pools.

Such massive tax loss pools would be even better served by acquiring other gold deposits such as Big Ridge or by mergers with, say, Firefly.

Or acquire PALI and its 44 m NFG shares and activating the Tolling Mou.

So, we are very well positioned to expect considerable expansion of our share price, with Dundee now fully energerized to repeat its remarkable performance in the previous bull cycle .
Comment by baystock1 on Oct 19, 2024 2:43pm
>> They may want to acquire more of Maritime for such forward tax pools. Such massive tax loss pools would be even better served by acquiring other gold deposits such as Big Ridge or by mergers with, say, Firefly. Or acquire PALI and its 44 m NFG shares and activating the Tolling Mou. So, we are very well positioned to expect considerable expansion of our share price, with Dundee now ...more  
Comment by colt45acp on Oct 19, 2024 3:24pm
Haystock1 thats the name of the game, more news feed might give more insight as to what is going down. ONE thing for sure they do not seem to be in a hurry to do the split. I am sure they will, sure may not be right word.Just saying. Think that is not bad thing just most cases i have experience over the years the R/S COMES IN fAST. Good thing though the trend is up and we got next week. glta.
Comment by nozzpack on Oct 19, 2024 4:45pm
Dundee never takes a stock private. Administratively, their business model does not work that way. Unlocking full value is their model, as it should be. Afterall, they are in the venture capital investment business . Lots of ways to get to the modest increase needed for 51 % which is what they can easily do by a variety of efficient ways ...like funding an acquisition with its equity or cash ...more  
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