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Bullboard - Stock Discussion Forum 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... see more

TSX:MOZ - Post Discussion

Marathon Gold Corp > Political Risk in Mining
View:
Post by AlwaysLong683 on Nov 24, 2023 2:11pm

Political Risk in Mining

Article courtesy of mining.com:

A Vicious History Of Rising Resource Nationalism

I personally view Nicaragua (where Calibre Mining has most of its current producing mines) in the same category re. political risk as the countries mentioned in the article.
Comment by AlwaysLong683 on Nov 24, 2023 2:59pm
Should also mention the article suggest a possible opportunity for mining investors with a longer time horizon re. the anticipated demand for key metals / minerals that will likely be needed if you believe in the transition to a green future.    Excerpt from the article:   ...The International Energy Agency (IEA) forecasts demand for minerals used in EVs and battery storage ...more  
Comment by IgnacioCashmere on Nov 25, 2023 12:09am
The 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 ...more  
Comment by stockwatcher7 on Nov 25, 2023 9:39am
The EV solution is not a solution at all...too many very loose ends. If you want to reduce the global carbon footprint ,the  problem has allready been solved... it the  Hybrid Save a bout 30% of gas consumption... no  grid  upgrades, no service upgrades, no  electrical panel upgrades, no long  lines  for  plug in EV plugs,  no 4 hour or even 1 hour ...more  
Comment by geezer21 on Nov 24, 2023 6:01pm
Canada is on the list and not Nicaragua.  Canadian taxing and regulation is sucking money out of mining to pay for federal governement wastage and burgening bureaucracy.
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