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.

TSX:MOZ - Post by User

Marathon Gold Corp > Huge Increase in Short Position …deal will not close

<< Previous

Bullboard Posts

Next >>

Comment by theCurseon Dec 06, 2023 5:40pm

117 Views

Post# 35771909

RE:Huge Increase in Short Position …deal will not close

"Whopping" - you are a bit hysterical. 469M shares outstanding. And did we really have to see back to 2010?

may just be bets agains gold - i suspect the shorts on most golds increased significantly over the last couple of weeks with a crazy run up.

it also does not make sense that CXB isn't tracking GDXJ like they did prior to the deal but underperforming. Increased short position there - i figure that's just arbitrage as MOZ is 1-4 cents below the ratio with CXB.

"the market can stay illogical longer than you can stay solvent" as the saying goes.

tC

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario