Marathon Gold Corp MGDPF

Primary Symbol: 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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Comment by MudCreekeron Sep 13, 2017 3:28pm

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Post# 26691776

RE:RE:Wow up 4% on light volume

seinfeld1 wrote: ...or is it "WOW, DOWN 30% FOR THE LAST 3-4 MONTHS? IT'S ALL PERCETPTION.

Or mis-perception. It spiked one day, 5 months ago, (not 3 or 4) to an all time high of 1.36 but never closed above 1.29. So of course, being who you are, you take that intra-day spike as your jumping off point. Currently trading at 1.03, so that's down 26% from that intra day high (not 30%). So being who you are, you'll just "round" that off to 30%.

Reality? 3 months ago it was trading in the 1.05 to 1.10 range, so it's down 5% or so from there. 4 months ago it was trading in the 1.10 to 1.15 range so it's down 10% or so from there. Not good. But not down 30% from anything in the time range you mention. In fact, not down 30% from anything ever.

One must ask, why would you want to mis-represent the facts, seinfeld1?

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