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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 > 66% vote required
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Post by Inthepeg on Dec 22, 2023 12:29pm

66% vote required

It takes a vote of 66% + of MOZ share holders to accept and approve this deal.

Given retail shareholders held approx 50% of shares we may still have a chance with our no votes to stop the give away and maybe sweeten the pot.
Comment by Ridgeback on Dec 22, 2023 12:40pm
I don't know where you got the numbers from but I don't see a large % of retail investors holding 50%. Category      # Investors      Own %      Shares      Corporation 1 16.56 66,666,667 Pension Fund 1 0.1036 416,920 Individual ...more  
Comment by tannin on Dec 23, 2023 3:13am
Calibre are moving this forward at lightening speed.......something brewing in Nicaragua ? Ortega the dictator catch a cold ? Great succession plan....  dictator is the Prez, his wife is Vice Prez.....
Comment by theCurse on Dec 27, 2023 12:56pm
As much as this deal was terrible - you cannot reverse half the damage.  They diluted it at 60 cents (some pre takeover "super sale") to probably finish the build.  They'd have to pay $17.5M and again have to raise funds - with CXB now owning 15%.   And worst of all, still with the same clowns at the helm.  It would seem no one else is interested in MOZ.  ...more  
Comment by Ridgeback on Dec 27, 2023 3:00pm
Curse. Manson has been looking at this deal since the Fiore takeover. He is not capable of building anything but his management as a man that can finance anything but ruin. My opinion is they make a go of it and be taken out, another Co. The only upside here is the Au price increasing. Manson has been the biggest detriment to MOZ. For the post I am not about cheap takeovers, we all think we ...more