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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 > My thought today
View:
Post by Ridgeback on Nov 16, 2023 10:00am

My thought today

My biggest concern is not that the share price of Caliber Mining won't rise in the coming months. 

I'm only guessing but given their outstanding share count it would not be a surprise to see a reverse split..

The other wild card would have B2Gold acquire merge Caliber to complete the master plan that may have been in the works for some time. 

It is hard to believe that another company would not have been interested in Marathon? Nice setup to get a jewel for pennies on the ounces.

As for the upcoming vote, shareholders will get the package but very doubtfull it will change anything. I'm not against M&A albeit not for giving MOZ shareholders just a ticket in the bleacher seats to see a mine built in NFLD. 

Fundamental Data - CXB
Security Type    Equity
Shares Issued    458,828,290
Market Cap    536,829,000

 

Fundamental Data - CXB

 
 
 

Security Type

Equity

Shares Issued

458,828,290

Market Cap

536,829,000

Comment by BGraham2 on Nov 16, 2023 10:26am
Ridge - we've been had by a bunch of dirtbags. There may be some saving grace in gold going to new ATH in the next few weeks. I strongly urge all the decent MOZ holders on here to watch closely over the next few weeks / months and realize a sale of your MOZ or CXB as the case may be within that time frame. Equity market and the metals are on a blowoff run to the top over this aformentioned ...more  
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