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Marathon Gold Corp MGDPF


Primary Symbol: 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 theCurseon Oct 12, 2023 11:53am
92 Views
Post# 35680671

RE:SEDI

RE:SEDI
FeartheReaper wrote: I find SEDI to have a non-intuitive UI and cr*p formatting, so maybe I'm wrong, but I was unable to see evidence of a single insider picking up shares recently.

Buy some shares of this "terrific" project ... yeah, no. 


Management and directors are full of options.  Historically "handed out" early in the year but what a coincidence they felt another round necessary last October after having the decimating SP financing. 

Manson 2M+ options down "Powell" at about 800K of options.  most way out of the money now but last Octobers were all at $1.10. Starting on page 57 of the April 2023 annual report.   No doubt a bunch more in 2023 but did not bother to look.

so why buy when you get no risk options.  and a lot of them.  and why would one want the SP to rise in a dead period when options are granted based on SP price.  a lot of incentive there.

tC
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