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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 > Seinfeld/Must love dogs Your answer D) all the above
View:
Post by Angelique01 on May 16, 2020 8:47pm

Seinfeld/Must love dogs Your answer D) all the above

The common denominator in all the posts is that Marathon Gold Corp is undervalued, an excellent investment opportunity with low AISC in a great jursisction with blue sky potential.  Contrary to what that self proclaimed genious and legend in his own mind Seinfeld says I think most investors are fully aware of what they have invested in. 
The fact that Marathon Gold is a leading gold development project in a Tier 1 jurisdictiion with high margins isn't lost on intermediate and senior gold producers either.   Defintiely on their radar screen.

With the stock price now approaching $1.80 a 50% premium now implies a takeout price of $2.70 per share.  If we continue to rise $2.00 takeover translates into $3.00.  With 200 million common shares outstanding that would be a $600 miillion market cap.

Anyone who thinks that managment or the Board of Directors would turn down a takeover price of $3.00 is either 
A)  ignorant
B) naive
C) delusional
D) All the above.
Comment by seinfeld1 on May 17, 2020 12:26am
Angelique, one of the dumbest posters I have ever read for decades continues to show that she has no idea of what "it" has invested in!  Good luck! Tooo Funny...the MOZ cult is a classic.
Comment by Ridgeback on May 19, 2020 7:37am
In a recent article in the Financial Post reads.  Gold miners' profits 'set to explode', but companies persist with no-premium mergers Some here have as Curse said Rose Coloured glasses and as Angelique posted expecting a more modest return should a buyout happen is more likely. Most often people don't get what they expect which has been my experience with takeovers or ...more  
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