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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 FastFFon Nov 13, 2023 4:48pm
228 Views
Post# 35732884

Lot's of yapping BUT

Lot's of yapping BUT
I see wannbe 'experts' yapping how MOZ sold out cheap. Well boys, reality is: the stock has been going down for 2 years. Where were you?  Shares down almost 80%. they aren't getting respect in the market, mining investors sold them off to try and get back cheaper shares in the mine financings.

Like a scene right out of Casablanca - they're shocked to see them try something else. A 500K producer gets them into GDX.......and a level investors will care about.

Manson is kind of a jerk anyway, glad to see him go.

Calibre today selling at a PE rough run rate of 4.2X - so - its 2 dirt cheap companies combining to make a size that matters.

Its a great deal. Wake up.
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