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 > NCIB $1.20 to $1.55

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Comment by theCurseon Nov 16, 2023 2:34pm

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Post# 35739739

RE:RE:RE:NCIB $1.20 to $1.55

You know full well that a NCIB does not mean they actually are intending to buy 10% of their float back. It just allows them to if they want to. Completely normal for any company operating at a profit who feels their SP is undervalued at times. And it looks good. I prefer a dividend myself.

Companies that have a NCIB just renew it every year. regardless if they bought back any share or not. EDV does the same. never has bought the limit but does buy some.

tC

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