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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 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.


TSX:MOZ - Post by User

Comment by Ridgebackon Aug 08, 2022 5:40pm
141 Views
Post# 34880058

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:At this moment...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:At this moment...I hope you are completely wrong about this.  I think within the last year or so, a takeover has not been possible with the pending EA decision.  Too much risk.  Assuming MOZ gets over that hurdle, i believe it would be the most reasonable time to expect a takeover.  I certainly have ZERO interest in watching an explorer become a miner....at least not as a shareholder!  My previous experiences with watching an explorer become a miner have been amusing...in a dark comedy type of way.

I don't care if this guy or that guy has mining experience.  the company as a whole does not.

EA approval, takeover offer (don't even care if it gets accepted)....and i won't bother you clowns again.
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Curse. I hope I am wrong as well seeing them become a miner when I can add known producers. Just suggesting it is to early to expect a merger or takeover even with approval until my guess next year? If it happens this year so be it?

From past experience as others have said you never get the valuation you expect on a takeover. Saying that the only Jr I have made what I never expected was Marathon Platinum Corp from 35 cent average to the final takeover price from Stillwater. So for Marathon Gold I won't be upset at $3.50-$4.00 however I would like to see the pot boil a little more and continue to cook up some juicy assays and add some sweet stuff to the blend. Let the crew continue with the effort and see what bees (plural) are attracted to the pot and the more it boils the sweeter the golden honey money?




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