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 > You people are ridiculous! Ross Beaty never sold a share...

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Comment by MudCreekeron May 06, 2020 4:48pm

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Post# 30994963

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:You people are ridiculous! Ross Beaty never sold a share...

Back to the name calling. A sure barometer of intellect.

Here's a question for you. Since we all recognize that dilution is necessary for a junior to develop any sort of asset, whether to go into production or to sell to a major, what is your limit on when dilution is excessive?

All your arguments (between the ad hominem attacks, red herrings, and straw men) have basically been that dilution is necessary so get over it. All of your arguments would have applied equally well if Manson had raised $30 million by selling 60 million shares at $.50 with full warrants at $.75. Go back and read what you said. You gave us nothing at all justifying what appears to me to be a ridiculously low price. And apparently, by the fact that they all got snapped up in minutes and investors who wanted in got turned away, the market agrees that the price was too low.

So, could you give us a number? How low would they have to go before you would feel that they had gone too far?

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