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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 theCurseon Sep 15, 2022 1:38pm
134 Views
Post# 34964891

RE:RE:RE:RE:RE:RE:Updated FS

RE:RE:RE:RE:RE:RE:Updated FSI'm not going to bother countering every statement you made in any detail but...

- hydrocarbon related materials most definitely have peaked -  $85USD per barrell right now.  Certainly a slow down if not a recession coming as well.

- i don't wildly overestimate the purchasing power....I did not consider this a $1.25 stock.  I considered this was beaten down to be a 1.25 stock.  Wait till after the FS to raise the funds - update the costs with the new numbers.  If that does not work out, we are still not diluted to death and life goes on with cash on hand....maybe a takeover (managment, directors out of jobs?!)

- we had posters saying they did get some of the deal which  is where my 20% came from - so you are incorrect that is was over before it was announced.  How is that actually possible - my take on the bought deal is the brokerage have agreed on the size of their allotments - they are actually talking to individual investors prior to the announcement???  You can't be serious.  maybe a bought done deal but a sweet deal for those with close ties or big wallets.  If your $5M insane claim is true, no doubt you were privvy to the deal and i can see why you might justify it at the length you just did.  you are an outlier.  Or related to the MOZ org.

tC
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