Marathon Gold Corp T.MOZ

seeking alpha report

[Specific]

https://www.removepaywall.com/article/current

[theCurse]

At least the MOZ CEO is a record settter.  "However, Calibre is certainly punching above its weight on this recent counter-cyclical deal if Valentine works out as expected, with the lowest price paid in several years per M&I ounce for a project already benefiting from infrastructure and the lowest price paid for any Tier-1 jurisdiction asset since 2020 (above $120 million deal value

[BGraham2]

This post has been removed in accordance with Community Policy

[Ridgeback]

Curse.. Only one person made the deal of the decade. Perhaps is is just the way to make a move like some other miners I haold. Merge and reduce costs or go alone and be crucified.

[geezer21]

"However, Calibre is certainly punching above its weight on this recent counter-cyclical deal if Valentine works out as expected, with the lowest price paid in several years per M&I ounce for a project already benefiting from infrastructure and the lowest price paid for any Tier-1 jurisdiction asset since 2020 (above $120 million deal value). .... To summarize, I see this deal as a major

[tootall123]

(MOZ shareholders are winners) Yes! I agree 1000% there geezer21.... GOLD IS KING....

[theCurse]

You are a clown.

[theCurse]

"How is it MOZ shareholders can be losers when they become shareholders in Calibre that is a successful profitable operation and still have an interest in Valentine Lake." Because the 0.6164 ratio and the PP at 60 cents.  The offer was terrible. It should have been closer to a 1:1 because of it de-risked CXB and "risked" MOZ shareholders how had previously had little risk

[theCurse]

And if a major took out MOZ at that price level, I would have been even more ticked off because the upside to VL would little to the SP of the major going forwared.  I don't like the added risk but at least I think there is significant upside to CXB.  Not sure what is happening in the market as it makes no sense.  A more generous offer by CXB and i would assume the risk.