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Marathon Gold Corp 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 Dec 07, 2023 11:43am
164 Views
Post# 35773117

RE:seeking alpha report

RE:seeking alpha report
Specific wrote: https://www.removepaywall.com/article/current


At least the MOZ CEO is a record settter. 

"However, Calibre is certainly punching above its weight on this recent counter-cyclical deal if Valentine works out as expected, with the lowest price paid in several years per M&I ounce for a project already benefiting from infrastructure and the lowest price paid for any Tier-1 jurisdiction asset since 2020 (above $120 million deal value).
....
To summarize, I see this deal as a major win for Calibre shareholders, and I now see the stock as investable given that the stock has finally been de-risked with improved diversification from an NAV standpoint."

Not one word in the article about MOZ shareholders - I guess it is just implied.  major winners and major losers.

tC
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