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 > Taylor Dart article

<< Previous

Bullboard Posts

Next >>

Comment by BGraham2on Apr 10, 2023 7:25am

106 Views

Post# 35386255

RE:RE:Taylor Dart article

RB sed:

......"my guess is Moz trades at $1.35 so they get their warrents before they go for the goal posts?".................

Those $1.35 warrants dont expire until August / September 2024.
Thats a long time. If and when they are exercised they bring in about 90 million to the Moz treasury but add about another 70 million to shares outstanding.

Will Moz be allowed to run to $1.75 so the early exercise option / acceleration right can be invoked? If there is any sense of urgency (and there probably is) then this seems a possible scenario.

BG

BG

<< Previous

Bullboard Posts

Next >>

Understanding Implied Volatility in Options Trading