Marathon Gold Corp MGDPF

Primary Symbol: 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 > What’s the consensus here?

<< Previous

Bullboard Posts

Next >>

Comment by geezer21on Jan 17, 2024 12:32pm

72 Views

Post# 35831503

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

It is not the absolute number of shares that matter but the valauations/share that matter.

While the number of shares have doubled with the merger the intrinsic asset valuations of the aggregate total number of shares has remained the same or even imporved with the advantages the merger brings.

The stock market has been grossly undervaluaing the intrinsic asset values of both CXB and MOZ. As such the potential upside for the stock market to reevaluate the merged assets is significant especially now that all the assets have come under a proven managment CXB team that demonstrated an ability to grow its business with appreciating assets.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario