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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 > dilution
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Post by kikker01 on May 14, 2021 8:02am

dilution

Anyone feel management is going a bit heavy on dilution? Another private placement...thoughts?
Comment by theCurse on May 14, 2021 10:19am
Clean financing. ***No warrants***.  Strong hands.  Price not bad - to be expected in the current environment.  Better to get funds when you don't desparately need them. Feeling optimistic this morning - hoping this is the last financing.  (did i say that last time???) tC
Comment by Sacks7 on May 14, 2021 12:43pm
This is most likely the last one b4 production. I like it the market seems to think it's a good move Atwell. Never seen moz up this much in one day and holding it.
Comment by Sacks7 on May 14, 2021 12:48pm
Forgot to mention if Fist nation are on board then permit will be 99% approved as the government of newfoundland has always given financial support to Moz
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