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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 > Shhh…There is antimony in Hope Brook gold and Tailings
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Post by nozzpack on Jan 21, 2025 12:53pm

Shhh…There is antimony in Hope Brook gold and Tailings

Antimony has exploded in price to $35,000 US per ton.

Even small anomalous concentrations such as 0,1 % a ton ...formerly ignored and not reported ,

as a smelting nuisance ..can add to its by product value.

MMY with 0.11% will generate about $50 million per year in extra free cash flows..

Antimony levels are a bit higher in Southern NL 

Hope Brook should be higher than 0,1% but can't find any actual per cent for that exact area..further north values over 1% exist
Comment by unclebobby on Jan 21, 2025 3:50pm
I think we're locked in range mode someone's put up over 500,000  at .08  until  deal can be reached,  puts a stop so it doesn't run up  jmo. Thought we would of had news Monday.  Wrong again!!!! 
Comment by nozzpack on Jan 21, 2025 4:02pm
Very surprised that we have not had the expected mining resumption News which is slated for January. We now have little more that a week of trading days left in January. Grade control was supposed to be completed at exit December. Crushing of the modest tonnage of stockpiled ore began December 12 and should not have taken more than 2-3 weeks. That leaves only the start of mill commissiong which ...more  
Comment by unclebobby on Jan 21, 2025 7:20pm
Nozz I think they were told not to release  the good news or it will cost  them (nfg)  more money, share price  would rise quickly  and other interested parties would  beef up thier offers , the Ducks are  waiting  and the gorilla is getting  impatient.  Jmho I think a merger 
Comment by shiftyone on Jan 21, 2025 5:14pm
Bobby, "I think we're locked in range mode someone's put up over 500,000  at .08  until  deal can be reached,  puts a stop so it doesn't run up  jmo." --------------------- Over 300 000 shares traded today at 0.08.  Add to that over 200 000 yesterday. That's a half million in two days.  How many will there be to go through, only time ...more