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 BGrahamon Feb 20, 2019 4:11am

125 Views

Post# 29386503

MOZ chart comment....

Moz established what looks like a Head and Shoulders Bottom over the last 5 or 6 months. It is a relatively small chart feature and only predicts a run of about 20 cents up from the neckline which should take price to about $1.00 which is where it is now.

Also consider that stocks often encounter resistance around whole dollar levels - 1$ , 2$ etc.

AS others here have noted , we likely need good news to power past the H&S prediction and the psychological $1 mark.

URL for chart: https://invst.ly/a2ytg