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Bullboard - Stock Discussion Forum Marathon Gold Corp T.MOZ

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... see more

TSX:MOZ - Post Discussion

Marathon Gold Corp > No Doc's received yet
View:
Post by Inthepeg on Jan 12, 2024 8:22am

No Doc's received yet

I have not received my documents yet.
My previous post about this was removed because apparently I made I made a disparaging remark about the credibility of this deal and less than trustworthy MOZ management.
After 5 years of MOZ being run into the ground by the current management being absorbed by CXB maybe the only path forward.
Based on my conversations with Ananda and Matt's public comments I feel I have been deceived.
Comment by Ridgeback on Jan 12, 2024 8:30am
I have 3 of 4 of my voting proxies completed, perhaps one more to come today? Looks like a done deal with little hope for other outcome. Judging by the large CXB short position I should be able to round out the new CXB holding after the fire sale concludes. I don't see much upside until the dust settles? 2023 was a year to forget hitting most of the miners. Perhaps 2024 will see some green ...more  
Comment by theCurse on Jan 12, 2024 11:16am
Most likely the CXB short position is arbitrage with MOZ.  They have already covered - bought MOZ and sold CXB short at the same time when there was a price inequality (most of the time MOZ has traded at a slight discount).  a few pennies but a sure thing....unless the deal did not go forward.  imo. tC
Comment by Ridgeback on Jan 12, 2024 1:08pm
Thanks Curse. Should be an interesting couple of months. Looks like I won't get my last proxy today albeit a small number of votes. Regards