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Marathon Gold Corp MGDPF


Primary Symbol: 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

Bullboard Posts
Comment by MudCreekeron Dec 07, 2010 5:02pm
253 Views
Post# 17814659

RE: SWC

RE: SWCI doubt that the price action at SWC today had much to do with new shareholders.  The volume was huge - 7 million shares plus.  Normal volume for Stillwater is between 1 and 2 million shares.   Given that the total shares distributed in the deal was about 4 million, even if all of them hit the market today (very, unlikely), they couldn't account for the increased volume.

Something else is going on there.  Just don't ask me what it is.

My shares and cash finally showed up today in my RBC account.  I was going to sell part of the SWC shares, but decided not to sell on such a significant down day, especially since I don't have any place to put the cash that seems urgent.  I expect that a lot of other investors, like me, are holding all or part of the shares they received, so new shareholders would have made up a small part of that 7 million share day.
Bullboard Posts