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Marathon Gold Corp 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 Ridgebackon Feb 28, 2023 2:58pm
117 Views
Post# 35310526

RE:RE:RE:RE:RE:RE:RE:RE:Reverse Split yes or no

RE:RE:RE:RE:RE:RE:RE:RE:Reverse Split yes or noSprott controls the purse strings and many others in NFLD.  Sprott 50 miilion plus shares of MOZ. That was a gift to them due to many things ,inflation and Manson's dream to build.  So long term they Sprott decide the fate? Manson builds his dream and we can hope to see some upside?

Not to be negative the project is very good but has lost its way with Manson's dream to build a mine. Most companies don't meet costs on mine builds. I see now,, many over running costs. Manson has a good team but will he build value for shareholders other than Sprott who could see some upside for them not retail,, is in question?

Sprott has their finger in almost every NFLD explorer and developer. Do they want to own NFLD looks like it? The question is who will they sell the goods to once the make their 33%? Long time down the Rd there may be lots of mergers to join companies with central milling palnts like the one MOZ has in plan. 

Just watching the paint dry and still see a buck sooner than later?
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