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Marathon Gold Corp 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

Comment by IgnacioCashmereon Nov 25, 2023 12:09am
105 Views
Post# 35752539

RE:RE:Political Risk in Mining

RE:RE:Political Risk in MiningThe Experts have been wrong in so many ways on this. This is all they do, & they got it wrong again. The trading price of Lithium has utterly crashed, because there's too much of it. There is a building surplus of copper, & nickel just keeps going down down down. The forecasted electrification of the world starring with EV's just isn't happening. No one can afford it. 40 years ago, working class & low income Americans bought new cars every 5 years. There was a car for every income level. Impossible today. EV's are expensive, new they are only for upper middle class & higher. Lithium is ABUNDANT, it's everywhere. What's scarce is the cheap Lithium, that's what battery makers want. We are going to be with ICE & hybrids a very long time, because the money for electrification is not there. Government mandate could eliminate ICE, & people just won't buy any new cars at today's volumes. It all adds up to, the money to be made in Lithium has already been made, there's too much of it to be found. Copper isn't going to skyrocket, there's more than needed today & we were already supposed to be in a deep copper deficit according to Experts. Nickel goes down down down as the experts told us we need so much new nickel for EV's it's unbelievable.  Didn't happen, won't happen soon. 
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