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Marathon Gold Corp MGDPF


Primary Symbol: 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 22, 2020 10:06pm
205 Views
Post# 31063696

RE:RE:RE:RE:RE: Ignorance on the funding of a new mine.

RE:RE:RE:RE:RE: Ignorance on the funding of a new mine.
I agree RG.  Not exactly sure what the original poster meant by funding a new mine.  certainly none of these funds are directly for that.

as far as the short sellers - could be normal short selling but i would think it's some new smaller PP participants getting their free warrants with a bit of a gain on the normal shares before they are even in their hands.   i believe that is legal a doable but i could be wrong.  that's what bothers me about the warrants but hard to do a PP otherwise.

unless i missed something (and i have asked this before), it appear no lockdown period on the PP shares which i also found unusual.

as far as sell in May.  this is a stock that you want to keep your core holdings - want to trade a bit in and out fine - but hold a core if you think one day it may be halted. just my 2 cents.

tC
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