Marathon Gold Corp T.MOZ

Reverse split is coming soon

[Singoa58]

1 new for 5 old

[metalhead666]

I asked them about that and suggested a 1 for 10 but I don't think they're considering it at all.  It would be fine if they did but it doesn't change the economics only the range of potential shareholders some of which can't buy penny stocks.  It's gotten pretty cheap down here. I nibbled a little but will wait for more market fallout and tax loss dumping before

[someday2]

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[JayBanks]

  The reverse split just changes the image not the nuts and bolts... 10-1 just means your $2 & $3 looks like $20 & $30 on a then $5.60... your $10,000 purchase price is still worth the same % of ownership pre-reverse split and which means your still down the same percentage on your extreamly poor call to buy at $2-3 lol... The horrendous investment decision is what's hard on the

[someday2]

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[theCurse]

If a company is in crisis, it's going to near zero with or without a reverse split.   Some borderline educated poster started this thread.  Like what happens here (with millions of shares traded daily) has any influence on anything other that proving what a slimeball he is. Endeavour mining.  10 for 1 reverse split when at 60 cents.  Converted to $6 and never looked

[Ridgeback]

Curse. They still have a mine site of value.  No future errors we hope? Build and meet targets, add to resources. This is a Manson Nightmare for shareholders. Gold sector in my books is buy on the Wallmart Special, not just this disrepected company who are loosing analysts and next to zero on insider support.

[metalhead666]

All good points. There's no priority to do a reverse split. They need to finish the build. The stock is getting crazy cheap now. If you look out in time to the inevitable FED fold and resumption of QE to save the world again....inflation will soar, the money will continue to fall towards its intrinsic value of zero and gold will tag $3000 just as MOZ is hitting its stride. Sentiment will

[Ridgeback]

We're lucky Moz is not on a US major exchange or a reverse split like they did at Skeena Resource would be in the bag. I tend to agree that MOZ has enough capitol to carry on construction so perhaps we are safe until 2024? Aside from that the next 6 months may have some events to change the tide?