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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 > Reverse Split yes or no
View:
Post by Inthepeg on Feb 26, 2023 1:17pm

Reverse Split yes or no

Would a 1 for 5 reverse split raising sp to $4.25ish be a positive or a negative for shareholders.  Upside may be higher visibility by moving out of penny stock range. 
Any thoughts on this?
Comment by stockwatcher7 on Feb 26, 2023 2:29pm
This post has been removed in accordance with Community Policy
Comment by Ridgeback on Feb 26, 2023 3:45pm
No insider buying would see the potential as reverse split plausable. Been thinking the same way for the last few weeks. Not 5 -1 but 10 -1 
Comment by theCurse on Feb 27, 2023 12:18pm
Reverse split on a non-income producing stock will only hurt it - imo.  Once in production is another story...assuming the clowns can run it at a profit. EDV - reverse split at 60 cents (to $6).  $27 today (hit ~$38 a couple years ago).  i don't think it ever dipped much below $6 after the RS. tC
Comment by Ridgeback on Feb 27, 2023 3:44pm
Hope it won't happen? Reverese split? Saying that I am watching Inst. buyers.  Never know but unlikely someone sees MOZ with interests just yet? 
Comment by Mustlovedogs01 on Feb 27, 2023 6:56pm
Very funny discussion!  So, the stock price runs down to .88 cents from above $3.00,   Then Matt (laugh here!), decides that his "lifestyle CEO and Board members status",requires a need to panic at the basement!  Now, don't get me wrong...wisdom is not what I see in Mangement at Marathon, howerver, it would seem that a "reverse split", should of been done ...more  
Comment by Ridgeback on Feb 27, 2023 9:24pm
 DOG. Agree with you on that post. Moz needs a miracle or just time to see if they can make the project work. End of March we may see a buck? Maybe???
Comment by Mustlovedogs01 on Feb 27, 2023 11:37pm
Ridge, we will see a $1.00 when those in control of MOZ's price decide that they have raped MOZ's shareholders and have accummulated enough shares for their indended purpose.  Stay tuned. Matt is either oblivious, impotent in amassing support, or part of the party...which is it??  JMO
Comment by Ridgeback on Feb 28, 2023 2:58pm
Sprott controls the purse strings and many others in NFLD.  Sprott 50 miilion plus shares of MOZ. That was a gift to them due to many things ,inflation and Manson's dream to build.  So long term they Sprott decide the fate? Manson builds his dream and we can hope to see some upside? Not to be negative the project is very good but has lost its way with Manson's dream to build a ...more  
Comment by Ridgeback on Feb 26, 2023 3:41pm
I was or may be expecting it to happing to keep them in the top group. If it happens it won't be until after the AGM or annouced late in MARCH, just a guess?
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