RE:RE:RE:RE:88 centsAfter selling all my shares in late 2020 and early 2021, making a 150% profit, I bought back in today. Not that impressed with mgmt but they essentially have the financing to build out the project now and the price seems reasonable.
Lumpy. Finally someone makes sence without the doom and gloom. Long term the upside is in the cards.
When I look at other companies like Barrick and the like they are all experiencing inflationary cost to the bottom line. If Marathon had not done the finacing the contracts would have expired resulting in higher costs and no headway on building a mine especcally with permits in hand hoping for a buyer that may never had appearred. That may have suited many investors but the flip side of the coin is Manson's team has the mind set to carry it out to the end plan. Now that end plan may be worthless in or it may just be smart move especially if Au values hold or end up in the $2500 US range.
Regards
PS
Mustlovedogs.
If you are upset with Manson why not go down to PDAC and tell him what you think?