Sad Day For Marathon Gold As Its Now A Penny Stock The mighty Marathon Gold has fallen today as it went from $3.00 - $4.00 a share earlier this year to a "Penny Stock" as its fallen below $1.00 a share for the first time in years.
Now we know why every single Board Member and Manager at Marathon Gold needs to be fired as a result of their bad choices recently, including poor cost management for Valentine Lake which will lower its Net Present Value and Internal Rate of Return, and then focusing on Equity Financing with a $150 million private placement as opposed to much cheaper Debt Financing.
Marathon Gold Management and Executives should be ashamed of themselves for plunging this stock to "Penny Stock Status".