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 > MOZ shares are now worth half what they were last week.

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Comment by sr500loveron Sep 16, 2022 4:45pm

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Post# 34968076

RE:RE:MOZ shares are now worth half what they were last week.

Thankfully, your prediction didn't come to pass. Doesn't mean it won't on Monday.

One thing i noticed in watching the trading unfold over the course of the day is that most of it was transacting on the sell side of the spread. Still a panic (aside from the longs who got fills on the deal liquidating their holdings to flatten their positions (post-deal) and pick up a free warrant) but not as bad as it could have been.

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