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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 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 95Bearcaton Jul 17, 2017 8:00pm
188 Views
Post# 26478987

RE:RE:RE:RE:RE:RE:2,000,000 onces

RE:RE:RE:RE:RE:RE:2,000,000 oncesOur grades are actually better than KAM. The refinancing set the market expectations for this stock. TA traders may bring it down with their analysis based trading but news trumps. Unless we get some spectacular holes, we may see us languish around a buck until the PEA lets us know what this is really worth. There are so many variables such as mining recovery, strip ratios, heap leaching or conventional processing, energy costs, etc. The decision on what processing method is about a 30% swing in recoveries offset by unknown Capitol cost. I have been in since the beginning and will wait it out. Looking at a $2.35 exit right now but a lot of news to come. 
Bullboard Posts