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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Post by eljoroon Jan 16, 2018 10:19pm

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Post# 27373660

Starting to re-think my position here

I've been a shareholder for almost 9 months and this has been range-bound the whole time. My average price is $1.11

Seemingly good news doesn't seem to break the range.

Not sure what is going to change in the next 6 months to break the range, and I've a mind to sell on the next run to $1.20. Too many other good opportunities to have money tied up in a static name. And I'm sure of gold retraces some this will dip along with it.

Some times a good story doesn't make for a good investment simultaneously.
Best,
El Joro

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