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Bullboard - Stock Discussion Forum
Marathon Gold Corp
T.MOZ
Metals & Mining
Gold
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...
Valentine Lake Shear Zone and include Frank Zone, Rainbow Zone, Triangle Zone, Victoria Bridge, Narrows, Victory Southwest, Victory Northeast, and the Berry Zone. In addition to the Valentine Gold Project in the Central Region of Newfoundland and Labrador, the Company holds 100% interests in the Bonanza Mine, a former mine located in Baker County in northeastern Oregon, the Gold Reef property, an exploration property consisting of approximately 12 hectares of claims located near Stewart, British Columbia; and a 2% net smelter returns royalty on precious metal sales by the Golden Chest mine in Idaho.
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TSX:MOZ - Post Discussion
Marathon Gold Corp
> More excellent drill results of buyout?
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bufordpusser
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Post by
bufordpusser
on Apr 05, 2021 10:22am
More excellent drill results of buyout?
Share price way up on below average trading, this can only mean one of two things.
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Ridgeback
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Comment by
Ridgeback
on Apr 05, 2021 11:00am
Given the number of institutional holders invested in Marathon they could facilitate a merger or just let them ride until the mine is built. Even then assuming gold remains at a lofty level, Marathon would still be a likely takeover for a mid tier or larger company. It's 50/50 as to which way this will go and what the larger shareholder see as their best plan for making a profit. The
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