Marathon Gold Corp MGDPF

Primary Symbol: 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.

TSX:MOZ - Post by User

Marathon Gold Corp > Any opinions..................

<< Previous

Bullboard Posts

Next >>

Post by BGraham2on Jun 13, 2022 8:20pm

195 Views

Post# 34753786

Any opinions..................

..................... on how large the upcoming equity component of project financing needs to be?

The number of shares to be issued is darn near double what would have been necessary a few weeks ago.

Though MOZ has decided to not go the EPCM route to take advantage of expected cost volitility in construction inputs - they can only wait so long to stay on the planned road to production by (2024 is it?) .

Timing is everything - the equity raise is gonna smart if its done at current levels. Is there a creative approach for MOZ here or is a big dilutive share issuance unavoidable?

<< Previous

Bullboard Posts

Next >>

Coppernico in Peru: Inaugural drilling on a promising opportunity