RE:RE:RE:Is it 100% certaintarsands....very interesting take, and while I didn't want to get bought out expecting it to be a low price, I'd certainly take that $10 per share
tarsands wrote:
In response too Oilsyd, did you infer oilsyd that you might think.
That they will not want too share, and instead take us out.
With a premium?
Well it would be nice , now he says (Kerry in that video.
About gold mine equivalancy.
Where Kerry say its equivalent too a 300,000 ozs per annum mine with a 13 yr mine life as it stands now. I know he said it because man I still have a few hundred shares of MOZ. I used too be on that board alot over the course of 3 yrs i guess.
Anyways I digress there.
There production and time line is very similar too here , I mean really .
But they have about a timeline like this :
https://marathon-gold.com/valentine-gold-project/timeline/
And MOZ will produce approx. 175,000 ozs per yr. for 12 yrs. roughly.
Except they are going about differently as far as financing, because MOZ owns their claim 100%. No partner too deal with. !!!
MOZ is now a $735 million dollar company and Phil Walford was a founder here.
And another thing I think Kerry and Jamie already know!
Just playing their cards super close , like their crazy glued.
By the way that gold equivalency fact is at 28:49 of this video:
https://www.youtube.com/watch?v=Rl_CGD4x2-A
Kerry says 300,000 oz per yr for 13 yrs.
Marathon Gold is 175,000 per year for bout 12 yrs.
Marathon Gold Market Cap $735 million today.
That would give us a $5.10 per valuation. BUT WE ARE ALMOST 2 TIMES BIGGER THEN THAT. OR $ 10 per share. TODAY and i think that might be a little low at that.
Have too think about that