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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 NLMooseon Sep 15, 2022 1:12pm
136 Views
Post# 34964806

Investor Relations Must Be Having A Nightmare

Investor Relations Must Be Having A Nightmare

Due to a string of careless mistakes from Marathon Gold, including poor cost management from Valentine Lake, bad financing choices such as issuing over $150 million in private placements as opposed to borrowing money and capitalize on its tax savings, and one fumble after another from Dr. Manson and its Board of Directors, looks like Marathon Gold is on a brink of becoming a "Penny Stock".

Its no wonder why Amanda Mallough and Marathon Gold's Investor Relations Department are facing a nightmare with one investor after another complaining.

I think that a major Management and Board shakeup is needed, starting with firing George Faught, Doug Bache, Cathy Bennett, James Gowans, Julian Kemp, Dr. Matthew Manson (President and CEO), Joseph Spiteri, and Janice Stairs are a first step.

Source:  Marathon Gold "Board of Directors" - https://marathon-gold.com/expertise/board-of-directors/

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