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 > I think what Manson is saying is

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Post by tarsandson Mar 10, 2021 9:23pm

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Post# 32769438

I think what Manson is saying is

We will issue more shares later on when we need money for drilling and more studies.

They have done a PEA, FS shortly, and then the DFS or same as BFS.

And they have what $51 million.

But as BGGraham said I think they will weigh more heavily on the shareprice not only because they have close too 3 million shares too cover. And they are not going too cover easily, they will fight any increase in shareprice. They are most likely thinkin Manson"s gonna want more money ?

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