RE:More excellent drill results of buyout? Given the number of institutional holders invested in Marathon they could facilitate a merger or just let them ride until the mine is built. Even then assuming gold remains at a lofty level, Marathon would still be a likely takeover for a mid tier or larger company. It's 50/50 as to which way this will go and what the larger shareholder see as their best plan for making a profit. The Berry Zone appears to be brining Marathon closer to the Five Million Ounces a magic number that would make them attractive to others. I believe permits will also have enticement to any possible suitors looking at Marathon.
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Curse my post was confusing long story..Can't post
The fact is this stock could go either way? Drift along or move into play? The lager miners are mostly making a good profit now and likely some will see acquisitions to boost their dwindling reserves.
Marathon does have all the attributes that makes them a good target. If not a target perhaps a larger company may or could take a position just like SKE has (Skeena announced that in connection with an investment by Hochschild, it granted Hochschild an option to earn a 60% undivided interest in the Company’s Snip Project) No doubt Franco Nevada and Pierre Lassonde and larger funds will have much to say about where the future of Marathon is heading.