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Marlin Gold Mining MALZF

Marlin Gold Mining Ltd is engaged in the exploration, development and production of gold and silver in the Americas. The company owns three properties located in Mexico and the USA and a portfolio of royalties. Its properties portfolio includes Commonwealth project, Arizona, United States; Gavilanes Project, Durango, Mexico; and La Trinidad Mine, Sinaloa, Mexico.


OTCPK:MALZF - Post by User

Comment by k22k22on Feb 04, 2016 6:46am
98 Views
Post# 24523069

RE:Beginning to question their judgement

RE:Beginning to question their judgementThey're going to increase production so that's good.  They need money and they have Wexford to supply it so that's good.  Maybe El Compas would have stretched them too much at this point in time, they still retain 20 million shares of Canarc and a small royalty.  If you're in this then unfortunately your on the Wexford train itinerary, but I would say that they are focused on long term returns for the venture.  Inflows to GLD are up and the price is up, if it stays up then hopefully this will start to fly on the radar, if the prices resumes its slide as many forecast than it's back to this waiting game unti who knows when.  Wish I had accumulated most of my shares at this price but if you look at the volume they haven't given much up to the retail market yet, mostly just price hunting.
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