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Marathon Gold Corp MGDPF


Primary Symbol: 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

Bullboard Posts
Comment by Cousin_Gerton Sep 08, 2011 11:51am
199 Views
Post# 19022628

RE: RE: RE: RE: Breakout??

RE: RE: RE: RE: Breakout??Sorry RB...but i do believe you have read MOZ very wrong for the last while. It was only a couple weeks ago when you postulated MOZ could hit $1.00. What you are completely missing here is MOZ's low market capitalization. It was sitting at a ridiculous low number of about $25MM before the latest pop and still at the moment is under $35MM after a "Breakout" that this week has just begun to materialize. Perhaps you are not interested in gaining 20% in a week, but there are lots who are and they need to hear directly from MOZ management themselves what is the future potential. As I said, they have a good story to tell and should be bringing in the analysts at this time to tell the complelling story. Going forward there are going to many more weeks where a 20% move up will be possible. If you continue to sit on your thumbs waiting for the 43-101, you are going to miss a possible near term double from here. A $70MM market cap will still be low....Gold is strong and has a long way up still to run. Potential producers are going to be hot items and the Valentine Lake property especially being in mine friendly Newfoundland now has the critial mass to attract the big time investors(A direct example it that Sprott just last week put in $3MM in MOZ's JV partner MOA)...my thoughts, C.Gert
Bullboard Posts