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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 Apr 27, 2023 7:56am
107 Views
Post# 35416447

RE:RE:RE:I think a poison pill need to be considered

RE:RE:RE:I think a poison pill need to be consideredCurse is correct there is a Pill. You will see it again at the next shareholders meeting however if you have doubts you can phone or email the company to find out. Just a waste of time like watching the share price in the wash. If there was a takeover this company would be a done deal. Great project and any new buyer would have a long term mine with bluesky potential. Not ruling out Manson won't do it however I am still looking at a takeout as the build nears completion especially with M & A heating up. Given all the costs and accomplishments put into this project it would not surprise me to see a deal done in the next 12 months or less.

Too many events or circumsatances have taken this company down to penny valuations however I do see a double from these values and one reason I averaged down. Add a consistant or firming Au price of $2000 US it makes a sweet deal for someone?

As for holders The only accurate reporting is for Company Insiders which has to be done and reported by law according to listing requirements. As for the Insistutions we are out of luck unless we pay to see these holders. What ever is posted I would not view them as up to date just as a point of interest to get some idea of sentiment which looks like it has turned negative. To see who holds what targeted.ca has some of it. 


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