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Marathon Gold Corp 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

Comment by theCurseon May 07, 2020 11:00am
115 Views
Post# 30997716

RE:RE:Dilution

RE:RE:Dilution
triken wrote: Good post 95 Bearcat. We are here today as a result of numerous past dilutions which facilitated us reaching a post PFS stage. Many complainers of previous deals sold out to their loss.
It is a matter of trust that the best deal is being reached, liquidity at $1.50 is better than liquidity at levels below that which may be reached sometime this year due to an extrinsic event.
My suspicion or guess (better word) is that the SP was run up prior to the deal and quite possibly the participants approached MOZ rather than the other way around.
I've been here since 1994 (MOA), good things come to those that wait.


Triken - a ghost from the past emerges!  I agree with you entirely.  And the nice little rise right before - that thought crossed my mind as well (but who would believe positive manipulation but canacrap oddly buying a lot).

and bear, "I hope we get bought. I am retired, I have a limited timeframe for doing the things I want and I don’t want to wait. That does not make me stupid or rediculous. It is just my personal situation"  - my vew **exactly**.  if i still own moz in 2021 i will be quite disappointed.  i still expect to continue selling 10K at 11 cent increments (??why 11 cents) - my last was 1.72.

and lastly, obviously i don't see al the posts nor read them all about the financing but is there actually some rumour that this there was ~5 times the demand for the PP?  That ludicrous if that came from anyone invloved in MOZ.  A ridiculous embellishment (falsehold, lie - whatever we call these things now ).  I mean if it was anywhere close to true - the PP was ridiculously priced (which i don't think it was given the current environment) and why would they admit to that - or we should be seeing significant gains and volumes right now.  Huge interest at 1.50 + 1/2 1.90 warrant but no interest in 1.60 share only.  i'm not buying that HS.  It's been a long time since i bothered calling up one of these companies PR guys.  Time better spent talking to my dog.

The previous PP did surprise me as MOZ continued to move up even before it closed - maybe that was drill results - i don't remember.   Usually takes a while to chew threw the few PP takers that may short sell (and be able to cover with their new shares later) or current investors selling their old shares for ~equal number of new ones.  both cases result in free warrants.  I believe both of those situations are legal....or close enough to it.  I didn't see a lockdown date for the new shares?

tC
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