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Bullboard - Stock Discussion Forum Morien Resources Corp V.MOX

Alternate Symbol(s):  APMCF

Coal Coal
Morien Resources Corp. is a Canada-based mining development company. The Company’s primary assets are a royalty on the sale of coal from the Donkin Mine in Cape Breton, Nova Scotia, and a royalty on the sale of aggregate from the permitted Black Point Project, in Guysborough County, Nova Scotia. It owns a gross production royalty on coal sales from the Donkin Mine in Cape Breton, Nova Scotia... see more

Bullboard (TSXV:MOX)

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  • cupricityX
Post by cupricityon Nov 02, 2022 2:09pm

2020 and 2022.

We were trading around 50 cents and coal was 80 dollars. Now we are 72 cents and coal is 380 dollars. Mick jagger wrote a song about this. Time is on my side. Yes it is. Yes it is. Time is on my side. ...more  
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(19)
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  • cupricityX
Comment by cupricityon Oct 01, 2022 9:21pm

RE:RE:Calling on Cup

Chilling on beach is right. If we did 2 million tonnes at 300 cdn we would get 12 million minus taxes etc so 9 million times 80percrny 7 million in dividends. 14 cents a share. Worst case we have a 20 ...more  
599
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(128)
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  • MackthenifeX
Comment by Mackthenifeon Oct 01, 2022 5:24pm

RE:RE:Calling on Cup

If you want to see where this might be! Look at T.DIV.   It pays $.235 a share dividend and is trading at $2.74 and been up to $3.30. We will be much stronger as we are only using 80% for divvy ...more  
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(128)
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  • MackthenifeX
Comment by Mackthenifeon Oct 01, 2022 2:33pm

RE:Calling on Cup

Cup is probably chilling on a beach somewhere knowing the divvys will be coming in soon. I think .60 might be a little aggressive for the first year, but .25 to start and go up from there may be ...more  
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Post by bovalenaon Sep 26, 2022 11:50am

Calling on Cup

Cup, I just re-read your post and I think what you are saying is that if the spot price drops 50 % the the divi would go from $1.20 to 60 cents right?
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Post by bovalenaon Sep 26, 2022 11:24am

Calling on Cup

So, Cup, at prent price of 600 per ton we would see a 1.20 per share annual div at 80% payout of FCF?  Or were you desribing a 50 percent drop in spot coal price to $300 per ton which would still ...more  
276
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(19)
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  • cupricityX
Comment by cupricityon Sep 15, 2022 3:32pm

RE:RE:Still not much liquidity

If you go to the Morien web page and click on Dividend. https://morienres.com/dividend-policy/    And you put in todays coal price  https://tradingeconomics.com/commodity ...more  
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(128)
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  • MackthenifeX
Comment by Mackthenifeon Sep 14, 2022 6:31pm

RE:Still not much liquidity

So you are saying this has potential to go much higher
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(19)
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  • cupricityX
Post by cupricityon Sep 14, 2022 3:46pm

Still not much liquidity

Coal price is 600 canadian. https://tradingeconomics.com/commodity/coal If we did 3 million tonnes in the next 12 months we would get about 50 to 60 million in royalties.  Over a dollar a share ...more  
386
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(19)
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  • cupricityX
Comment by cupricityon Sep 14, 2022 1:39am

RE:RE:liquidity is an issue

This should help liquidity plus the resumption of a dividend
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(128)
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  • MackthenifeX
Comment by Mackthenifeon Sep 10, 2022 11:32am

RE:liquidity is an issue

Hey Cup, it looks more like $.95 - $1.00 now 
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(19)
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  • cupricityX
Post by cupricityon Jul 27, 2022 3:54pm

liquidity is an issue

Level 2 shows 100,000 shares takes this to 90  cents.  There will be a point when the market starts to reflect the value of this stock at which point we will reach liquidity.  It has ...more  
523
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(2)
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  • motowngoldX
Post by motowngoldon Jul 18, 2022 10:11am

Report - the plan to re open the mine is underway

What is everyone waiting for? I already have a lot of shares, but if I did not, I would be buying in size as soon as I could. Couple this news, with the reality in places like Germany, that the green ...more  
517
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(19)
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  • cupricityX
Post by cupricityon Jul 09, 2022 12:22pm

Pretty sure coal is gonna be good for awhile

Germany is pretty worried about their winter and we can really help keep them warm.
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  • MackthenifeX
Post by Mackthenifeon Jul 04, 2022 12:14pm

July

Perhaps July is a good time to announce a re opening 
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