Marathon Gold Corp 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 diadon1945on Mar 29, 2012 3:20pm

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Post# 19735037

Current share price???

Fraser Mackenzie used $100 for in ground ozs. Assuming that is for M & Indicated if we add together Marathon's 50% share of Valentine Lake and Golden Chest we get a total of 286,000 ozs. Dividing these ozs. by the 30 million shares outstanding I get the share price should be around 95 cents. But is it fair to not attribute any value to the inferred ozs? Anyone? Anyone?

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