Post by
Flyhi2004 on Mar 17, 2021 11:59am
A working mine
.14 WoW. 900 MM shares out. We should be higher than this even with the amount of shares out. We are valued lower then MoZ and others and they have no working mine and just gold in the ground. Thier share price based on amount of shares out is much higher than ours taking all into consideration. They are not the only ones either... Guess it pays more to not build a mine and pull it out of the ground.
A working mine at 14 cents a share..... WoW
Comment by
Camaroman on Mar 17, 2021 2:33pm
I agree and only the companies and major investors accountants would know why it is best to keep the share price soooo low that it doesn't make sense.....but I say 3 years 2.60$
Comment by
ballot123 on Mar 17, 2021 5:32pm
You've never been this bullish, Cman, is this price based on soaring POG or new discoveries, or both?
Comment by
ballot123 on Mar 18, 2021 10:50am
I've never had a clearer, better answer to a question, Cman, on this BB or any other. Thanks much.
Comment by
EZMINING on Mar 17, 2021 4:32pm
Fly, you've been around long enough to know why this is 14 cents. They are buried in debt, hedged till 2023 and to top it off, operating at a loss. A lot will have to happen for them to turn this thing around, which i hope they do. Im averaged in at .39...... time and more time is required!
Comment by
Specific on Mar 18, 2021 10:41am
MOZ is a large holding of mine, currently cheap at 2.50 there will be a mine there Marathon's Board of Directors has approved a 2021 Exploration Program comprising 52,000 metres of drilling at a budget of C$10.5 million