Seinfeld/Must love dogs Your answer D) all the aboveThe common denominator in all the posts is that Marathon Gold Corp is undervalued, an excellent investment opportunity with low AISC in a great jursisction with blue sky potential. Contrary to what that self proclaimed genious and legend in his own mind Seinfeld says I think most investors are fully aware of what they have invested in.
The fact that Marathon Gold is a leading gold development project in a Tier 1 jurisdictiion with high margins isn't lost on intermediate and senior gold producers either. Defintiely on their radar screen.
With the stock price now approaching $1.80 a 50% premium now implies a takeout price of $2.70 per share. If we continue to rise $2.00 takeover translates into $3.00. With 200 million common shares outstanding that would be a $600 miillion market cap.
Anyone who thinks that managment or the Board of Directors would turn down a takeover price of $3.00 is either
A) ignorant
B) naive
C) delusional
D) All the above.