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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

Post by theCurseon Sep 02, 2022 8:15pm
215 Views
Post# 34939603

MOA Shareholders

MOA Shareholders
MOA shareholders got sliced and received 0.40 MOZ shares for each MOA share.  That was 10 years ago and MOZ traded at $1.70 at that time after the deal.

MOA was over a dollar at one point anyway (maybe $1.25) before the MOZ takeover (that's $4.25 wrt to the MOZ deal)

Just for MOA shareholders who think things have gone well or at least hold out optimisim.  ignoring the time value of money.

Someone bid on this outfit.  Sticking with this outfit for 3 more years is insane otherwise.  It. Will. Be. Painful.  I have now heard nothing from anyone regarding the explorers make shiittyy miners.  I used to but not now after that $$ increase from a year ago.

tC
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