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.

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Marathon Gold Corp > Final share I/o

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Comment by theCurseon Jan 17, 2024 1:25pm

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Post# 35831683

RE:RE:RE:RE:RE:Final share I/o

JayBanks wrote: It's not NCIB, because the shares were not purchased from the market, they were from a Private Placement... It's not in a buy back because they are not out any money....

I agree - nothing to do with a NCIB. And if anyone thinks they are going to pursue the NCIB in a meaningful way over the next 12 months, i am pretty sure (hope) you will be proven incorrect.

Just because they have it in place, does not mean they intend to use it. and with the VLake build, it would be foolish to spend reserves on that only to be caught short later.

S7 - you sure like to run at the oddest not-too-relevant stuff. Is that MOZ short position still causing you issues?

tC

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