Marathon Gold Corp MGDPF

Primary Symbol: T.MOZ

Metals & Mining Gold

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.

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Marathon Gold Corp

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Comment by trikenon Oct 25, 2018 11:47am

99 Views

Post# 28871641

RE:RE:RE:Stockwatch Article

Between Walford and Faught they own 6.5m shares excluding options and warrants.
YTD they have bought 260k shares and last year 500k shares excluding exercise of options.
(Other directors have also been significant net purchasers).

In hand pre tax compensation is much less than stated, option awards probably account for difference.
So, they have skin in the game, they continue to invest and spend a considerable amount of their
compensation on buying stock. Yes, we are all suffering in this gold miner market including the directors.

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