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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 shiftyoneon Nov 13, 2023 4:57pm
120 Views
Post# 35732897

RE:If it is CXB Buying today

RE:If it is CXB Buying today
Post by stockwatcher7on Nov 13, 2023 4:14pm
54 Views 
Post# 35732797

If it is CXB Buying today

 
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I think CXB is more concerned about their own shareprice.  Because if it keeps going down.....  well the offer is no longer worth 84 pennies.  its worth closer to .70 to MOZ owners. the lower the shareprice goes down for cxb, the less the offer is worth.  Neither of the companies want  a 17 million dollar charge if the deal doesn't go through.  And for MOZ,  if it doesn't go through, look out when the tens of millions of shares hit the market because it didn't.  Buyers today are hoping to make about 13% in a month.  Not a bad investment.  

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