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.

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Marathon Gold Corp > I Suspect The Market Will Punish MOZ For Quite Some Time Now

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Comment by NLMooseon Sep 13, 2022 10:39am

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Post# 34959308

RE:RE:I Suspect The Market Will Punish MOZ For Quite Some Time Now

Its no wonder why Marathon Gold is now "Flop of the Year" as the share price lost over 70% of its peak value, mostly due to poor cost control, managerial impotence, and managerial stupidity in getting private placements for financing which has no tax benefits as opposed to debt financing which actually saves money as a result of being tax deductible and reducing "Weighted Average Cost of Capital" or Required Rate of Return.

You don't need a Finance Degree to figure that one out.

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