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Marathon Gold Corp MGDPF


Primary Symbol: 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 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

Bullboard Posts
Comment by brianjameson Apr 13, 2017 2:06pm
228 Views
Post# 26119429

RE:Another Analyst on board

RE:Another Analyst on boardOf those three, the high target price is $1.70, with an average target price of $1.49

I'm no expert when it comes to mining, but if they have drilled down twice as far, and have gold all the way through, and they already have 2 Mill ounces of gold, would it not make sense that we may now have 4 Mill ounces of gold as an estimate, and share price going over $2.00?????

At least......that's the way I'm thinking..........(in time of coure, in time)

BJ
Bullboard Posts