Marathon Gold Corp T.MOZ

Metals & Mining Gold

Marathon Gold Corporation is a Canada-based gold exploration and development company. The Company’s primary business focus is the exploration and development of its flagship asset, the wholly owned Valentine Gold Project, located in Newfoundland and Labrador, Canada. The project comprises a series of five mineralized deposits along a 32- kilometer system. Its prospects are located along the Valentine Lake Shear Zone and include Frank Zone, Rainbow Zone, Triangle Zone, Victoria Bridge, Narrows, Victory Southwest, Victory Northeast, and the Berry Zone. In addition to the Valentine Gold Project in the Central Region of Newfoundland and Labrador, the Company holds 100% interests in the Bonanza Mine, a former mine located in Baker County in northeastern Oregon, the Gold Reef property, an exploration property consisting of approximately 12 hectares of claims located near Stewart, British Columbia; and a 2% net smelter returns royalty on precious metal sales by the Golden Chest mine in Idaho.

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Marathon Gold Corp > The insurance tells us a lot

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Post by stockwatcher7on Nov 14, 2023 6:41pm

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Post# 35735662

The insurance tells us a lot

I think CXB figure their stink bid could trigger another sutor, thats why the placement and why its at .60..... its a no loss situation for them... they will walk away with a pocket full even if someone else steps up....JMHO

Lets say ELD were to offer 30 Million shares.... 14.67 x 30MM = $440 million still a steal
Great deal for ELD
MOZ value $1.09

CXB walks with 40 million plus the break fee

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