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Bullboard - Stock Discussion Forum Marathon Gold Corp T.MOZ

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... see more

TSX:MOZ - Post Discussion

Marathon Gold Corp > Going Forward
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Post by brianjames on May 04, 2020 4:44pm

Going Forward

In the following months, this placement will be well behind us, and the small percentage of the total shares that it involves does not worry me too much.  Sure.....today if may have affected the share price, but as this evolves I think we will all be glad we have the money in the bank for future financing of all that is to come.

I re-did my calculations from before ($2.75 to $3.25 share price) and it changed them so very little I'm sticking with that as my future share price prediction.  

BJ
Comment by brianjames on May 04, 2020 5:04pm
Another reason I'm not as concerned as some is that Sprott Capital is involved.  That's not usually a bad thing. BJ
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