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

Bullboard Posts

Post by eljoroon May 05, 2017 11:05am

151 Views

Post# 26208563

trading pattern

Today's trading pattern (currently up .07 on a down day for gold) suggests the share issue is already fully subscribed and placed. Why would we trade back up to $1.15 when there are shares available at $1.03? Answer is that there likely aren't any more placement shares available at $1.03

Frankly, I'm pleasantly surprised at how well this has help up. My initial buy timing was poor but it seems the company choice was a good one.

I'm not a gold bug but I still see gold going above $1300 this year. Add in anticipated additional positive drill results and this one could be a strong mover in the summer and Fall.

Great insight on this board too. Very much appreciated!
El Joro

Bullboard Posts

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