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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

Comment by sr500loveron Sep 15, 2022 1:29pm
102 Views
Post# 34964864

RE:RE:Manson

RE:RE:MansonI'm not a fan either, but exactly what missteps are you talking about?

The delay in exiting the EA?  Not really controllable by MOZ, unless you believe they could have exercised soft power in Ottawa.

Costs going up?  Some of that was the delay on the EA and rampant inflation, both generally and specifically (labour, fuel, things made with fuel, infrastructure).  Not controllable by MOZ.

Throwing the FS out in the winter with that impactful press release?   WELL.......... the only reason to have done that was they were looking for money and they either didn't find it (not lilkely, as there was still some froth in the market) or someone didn't like the pricing.  Now, anyone who's ever looked at the terms for a MOZ financing since August 2019 would know he's not above pricing a deal to sell is the same way that the oceans are not above the heavens, SOOOOOOOO it can only be the board who scotched a financing back then.  Way to go.


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