Marathon Gold Corp 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 > Ignorance on the funding of a new mine.

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Post by Bosswoodon May 22, 2020 9:45am

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Post# 31060230

RE: Ignorance on the funding of a new mine.

It behoves me to say this but I see alot of childishness on this site regarding the financing approach taken by MOZ. How in the hell else are they supposed to raise capital? Take out bank loans?
I was to the February town hall in Millertown, and got to ask some straight and poingiant questions. The business plan is sound, and they need to raise capital. I see alot of small sellers chisiling at the share price to their own advantage. As I have read on some of the previous posting, if you don't like it . move on. Remember, there is FSX in Austrailia.

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