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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 Ridgebackon Dec 29, 2023 9:20am
146 Views
Post# 35803764

RE:Support the merger, the only rational choice

RE:Support the merger, the only rational choice
Valuehunter.
 
Don't be surprised if Manson ends up as the one director on the CXB board chosen. His past links to them may be a payoff once the deal is done?
I'll still vote no albeit it won't do much and this deal is likely to go through.

I don't believe in coincidence he was a director at Fiore and CXB takeover so we'll see how this play out? Not knocking CXB they have done well and should have some good upside in 2024 assuming Au remains bullish as expected. The deal Manson made with CXB sealed the fate of the merger. Do I have to vote for this Wallmart special,pennies on the ounces. No way, I don't knuckle down for any fixed deal that shuts down other potential offers due to the multi-million break away clause. Was no one interested?Was a fire sale needed before cash ran out?

Where are the assays from the last batch of drilling? The Frank Zone and other areas will be released in 2024 and I assume if they had been released investors would have seen how much future growth is in the plan for pits and ounces and how lousy this hasty market deal was. Nicely planned to keep the shareholders from Howling Foul with no news in the pipeline to fuel the share price and add some speculation to the fire.

I do agree with one thing, Good Riddance to this leadership.
 
Happy New Year!
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