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Marlin Gold Mining MALZF

Marlin Gold Mining Ltd is engaged in the exploration, development and production of gold and silver in the Americas. The company owns three properties located in Mexico and the USA and a portfolio of royalties. Its properties portfolio includes Commonwealth project, Arizona, United States; Gavilanes Project, Durango, Mexico; and La Trinidad Mine, Sinaloa, Mexico.


OTCPK:MALZF - Post by User

Bullboard Posts
Comment by strikeout54on Jul 17, 2014 9:34am
278 Views
Post# 22754547

RE:OGR aka Marlin Gold Mining

RE:OGR aka Marlin Gold Miningfrom 2006-2011 this wasn't marlin.  the hostile takeover happened in june 2012.  new management and new owners.   I did go over all of the press releases from their website this weekend.  the stock was trading at 7c (70c) when the hostile happened.  the capex was funded through rights offerings, so everyone could have participated (also at 7c or 70c).  the stock is trading at 1.15, which is a 60+% increase.  so it might not have budged one iota, but it did budge about 60 of them.  that's more than the broad stock market is up, where gold was down 25% and gold equities were down about 60% in that time frame.  and the mine is 5 months old and the streaming business is 1 week old.   So a year and a half seems like a reasonable time frame to build this new business out.


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