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Marathon Gold Corp MGDPF


Primary Symbol: 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 theCurseon Nov 29, 2023 7:28pm
99 Views
Post# 35759929

RE:No Vote

RE:No Vote
Inthepeg wrote: Is there any chance our retail no votes can stop this deal or at least improve the terms?

As it all settles in it becomes clearer that Manson put this deal together for the benefit of BOD & Management without any concern for shareholders.
Could explain why the Australian left ... not wanting to be part of ripping off shareholder. 



No chance. Just the 60 cent PP alone killed any chance of something better than CXB coming along - and that includes even voting it down.  Manson made any other avenue toxic with the PP (plus cancel fee).  Never once bought a share with his own money. 

time to move forward - salvage what is left.  instead of a possible $5-6 MOZ stuck we are looking at $2-3 outcome over the next couple of years.  wait, did this stock not hit 3.80 a couple of years ago....prior to the EA???

tC
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