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

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Post by NLMooseon Dec 08, 2022 3:04pm

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Post# 35159951

National Bank Ruins It All For Marathon Gold

Good like Marathon Gold's negativity, including much lower than expected Net Present Value (NPV) and International Rate of Return (IRR), has ruined it for the company as its stock is lower today.

One concern that needs to be addressed are frequent delays in completing the project until early 2025, which will hurt Marathon Gold's bottom line, raising questions about the company's ability to complete the project in time.

As for National Bank, enough with the negativity and GO AWAY!!!

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