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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

Post by metalhead666on Nov 13, 2023 8:56am
200 Views
Post# 35731579

For those with a win, you might want to wait...

For those with a win, you might want to wait...Could accept the deal and see how it goes until Jan. If you want out then you could sell and defer the capital gain tax until next year.

There's no arguing that Calibre has been doing excellent and the combination makes that little company in Nicaragura a real player.  Solves all MOZ problems and gets the mine built for cash. I can totally see why they did it. MOZ had a giant for sale sign on it for a while. I wish a Canadian miner did the buying. 

Could another last minute offer come in?  Possibly but not likely.  If you're ok owning a mine in Central America that just got a lot bigger and obviously has top notch management....then take the deal and see what they can do as a player. If not then hit the exit and if you can defer until 2024 save yourself the tax bill
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