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Bullboard - Stock Discussion Forum Marlin Gold Mining MALZF

Marlin Gold Mining Ltd is engaged in the exploration, development and production of gold and silver in the Americas. The company owns three properties located in Mexico and the USA and a portfolio of royalties. Its properties portfolio includes Commonwealth project, Arizona, United States; Gavilanes Project, Durango, Mexico; and La Trinidad Mine, Sinaloa, Mexico.

OTCPK:MALZF - Post Discussion

Marlin Gold Mining > Wexford Capital
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Post by Jovica on Oct 29, 2015 3:56pm

Wexford Capital

Wexford Capital is underwater at current stock price.    Didn't they do financings at 0.40?
Comment by mtsuit on Dec 03, 2015 9:37am
They kept averaging down, but the value keeps falling. Now Wexford has been loaning the company money at 15%.  Current balance due is US$27.5mm.   With that burden the value of the common stock is probably zero.