RE:RE:RE:It was an article MOZ got recomended as a Spec Buy and Looks good as a takeover canidate as the oz. increase.
But I also have a new pick for you: the company I
went to see in Newfoundland.
Marathon Gold
Resources: Gold
MOZ.TO, MGDPF.PK, MC8.F, www.marathon-gold.com
Prices Share: C$0.67 MCap: C$71M On: 8/12/16
Shares SO: 106M FD: 127M As of: 6/30/16
Warrants UnEx: 12.5M C$0.23-C$0.75 8/21/16-5/6/18
Options Open: 8.4M C$0.20-C$1.28 Avg. life: 2.7
years
Cash C$3.7M Burn: C$250K/
mo. On: 6/30/16
BUY FIRST TRANCHE—Marathon has all
the hallmarks of a takeover target in the making
based on its flagship Valentine Lake gold project
in Newfoundland, Canada. In a nutshell, our basis
for speculation is that this is one of the highestgrade
open-pit gold targets still in junior hands.
There’s no such
thing as a sure thing in exploration or resource
speculation, but this one checks off all the boxes
for a great speculation.
FORMAL RECOMMENDATION: Buy First
Tranche (on the dips).