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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 > Valuation of the MOZ sale
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Post by stockwatcher7 on Jan 22, 2024 7:41pm

Valuation of the MOZ sale

Today  in the  final days  of  trading  MOZ  aquired  for :

 402,496,366  X .72 =  289,797,383 in  CXB  shares
 66,666,667  X .60 =      40,000.00 in  cash

Total cash/share  value $329,797,383

Thanks  Matt Hope to avoid  you in the  future!
Comment by JayBanks on Jan 22, 2024 10:30pm
  I don't understand why you like to focus on the private placement shares, they are meaningless and cost CXB nothing in the end. Get over them. Go Watch something else, might I suggest birds, or wet paint, Stocks just aren't good for you.
Comment by stockwatcher7 on Jan 23, 2024 11:46am
Because  MOZ sold out  for  $65 /oz  M/I  + indicated with construction 50% completed Because   gold is  selling  for  $2000 / oz  and  the  expectation  with a 2.8 payback  was @ $1600 / oz Because  gold is  selling  @ $2000 / oz   the  payback is  only  2 years Because  ...more  
Comment by Ridgeback on Jan 23, 2024 2:16pm
Marathon has 75000 ounces of drilling infil and explaoration to report which was ongoing Can one imagine the results? Saying that get it over with.
Comment by Ridgeback on Jan 23, 2024 2:17pm
hat should have been Meters? Pizzed off