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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 Jan 16, 2024 9:18am
115 Views
Post# 35828639

RE:RE:RE:RE:RE:What’s the consensus here?

RE:RE:RE:RE:RE:What’s the consensus here?

Benedictus.

 

We'll see in a few more days or hours how well conceived this merger may be received by shareholders and analysts. I don't think this merger with CXB was just coincidence last word on that.

So bottom line don't count the CBX Golden eggs until the rooster land in the barnyard?

Here's my outlook. CXB has a large share issue not sure what this merger will do to that share count or what analyst may think?

I also would expect a reverse share split somewhere down the road at least 10-1 or more?

I don't expect CXB to remain independent and also be subject of a merger.

As far as the Marathon Mine Build it would appear everything has been on track looking at past site visits and reports from analysts and well taken care of including engineering and Marathon management had the mind set to complete the project not the mind set to finance independently before looking at better offers nearing completion.

Last word before the funeral.

 

 

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