RE: RE: RE: RE: RE: MOA Reports best gold intersecTaylor touts Marathon for potential tenfold gains
Ticker Symbol: C:MOZ
Taylor touts Marathon for potential tenfold gains
Marathon Gold Corp (C:MOZ)
Shares Issued 22,915,928
Last Close 10/21/2011 $1.46
Monday October 24 2011 - In the News
Jay Taylor, in the Oct. 17, 2011, edition of Gold, Energy & Tech Stocks, says buy Marathon Gold Corp., recently $1.40. This is the first time he has recommended the stock, and he is more than excited. The company was spun out of Marathon PGM Corp. in December, 2010. The spinout now holds the Valentine Lake project in Newfoundland and the Golden Chest project in Idaho. Valentine Lake is a joint venture with Mountain Lake Resources. It is 90 kilometres from the Trans-Canada Highway, is near water and power, and is accessible all year. Its Leprechaun deposit contains a resource of 285,000 ounces Au. The JV is drilling 25,000 metres at Valentine Lake this year. It plans to release a preliminary economic assessment and resource update by year-end 2011 or early 2012. In Idaho, Golden Chest is a JV with New Jersey Mining. The JV is drilling 10,000 metres at the project this year. Previously, New Jersey Mining has processed 8,500 tonnes of ore from Golden Chest, at an average grade of 6.9 grams per tonne and a recovery rate of 94 per cent. Mr. Taylor likes the company's low market cap of $31.1-million. He also likes management, which includes Phillip Walford as president and Jim Kirke as CFO. Buy the stock, which could rise tenfold, he gushes.
Should read MOA and MOZ but it would appear MOZ has the attention?