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Bullboard - Stock Discussion Forum Marlin Gold Mining MALZF

Metals & Mining Gold Industrial Metals & Minerals
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 > More cheap shares
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Post by james2001 on Jul 21, 2016 2:30am

More cheap shares

You got your answer why the share price was capped in the .50 s .   They were planning their private placement at .50...they could not issue them at .50 if the market was trading at .90 could they?Now I sure hope they take it up to around .90 to a dollar before they do this again to finance Golden Reign as the dilution is too great at such a low share price.
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Marlin Gold Mining