Marathon Gold Corp 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 > Vote NO…US houses shorted the price to $0.50 ..

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Comment by theCurseon Nov 20, 2023 3:30pm

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Post# 35745056

RE:RE:RE:Vote NO…US houses shorted the price to $0.50 ..

Ork wrote: Curse- go grab a coffee, it might wake u up

So how come they could not find a better buyer? So how come they had to give them a PP at 60 cents? That is what undermines any kind of broad conspiracy theory. Yes the price was probably pushed down (not sure it was through shorting though) - why didn't some entity come in and fill their buckets with suppressed shares and make a better offer for the company? Are some saying CXB orchestrated it?

And why are the large shareholders presumably agreeable to this deal? They would never make it without getting support.

And if it was so ridiculously undervalued - where is a better offer by a better company? As i mentioned a while ago, a $1 offer now costs 44M more than prior to the CXB deal. But that's not much if it was "so pressed down by naked shorts".

This thing has been a volume casino since the Sep 2022 toxic financing.

And no i did not watch the video. I lost any respect i had for Sprott a long time ago.

tC

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