Marathon Gold Corp MGDPF

Primary Symbol: T.MOZ

Metals & Mining Gold

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 Valentine Lake Shear Zone and include Frank Zone, Rainbow Zone, Triangle Zone, Victoria Bridge, Narrows, Victory Southwest, Victory Northeast, and the Berry Zone. In addition to the Valentine Gold Project in the Central Region of Newfoundland and Labrador, the Company holds 100% interests in the Bonanza Mine, a former mine located in Baker County in northeastern Oregon, the Gold Reef property, an exploration property consisting of approximately 12 hectares of claims located near Stewart, British Columbia; and a 2% net smelter returns royalty on precious metal sales by the Golden Chest mine in Idaho.

TSX:MOZ - Post by User

Marathon Gold Corp

Bullboard Posts

Post by SACKS1on Nov 11, 2016 8:14pm

168 Views

Post# 25452275

Positives to look at

1 private placement @.90 looks amazing now and keeps us financed well into 2017. The placement was done at the perfect time and looking back at it I am glad it is done. 2 Originally I was disappointed that the resource estimate was delayed now I'm great full as these market conditions would not have realized the full value of a good resource estimate. The delay gives gold time to overcome this Trump over reaction that the market has bought into. Overall .50 is very disappointing but management with 2 moves that might have intentional or just pure luck has positioned us in a very enviable spot when gold becomes favored again.

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions