Marathon Gold Corp MGDPF

Primary Symbol: T.MOZ

Metals & Mining Gold

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.

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Marathon Gold Corp > My thought today

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Post by Ridgebackon Nov 16, 2023 10:00am

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Post# 35738919

My thought today

My biggest concern is not that the share price of Caliber Mining won't rise in the coming months.

I'm only guessing but given their outstanding share count it would not be a surprise to see a reverse split..

The other wild card would have B2Gold acquire merge Caliber to complete the master plan that may have been in the works for some time.

It is hard to believe that another company would not have been interested in Marathon? Nice setup to get a jewel for pennies on the ounces.

As for the upcoming vote, shareholders will get the package but very doubtfull it will change anything. I'm not against M&A albeit not for giving MOZ shareholders just a ticket in the bleacher seats to see a mine built in NFLD.

Fundamental Data - CXB
Security Type    Equity
Shares Issued    458,828,290
Market Cap    536,829,000

Fundamental Data - CXB