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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Comment by MudCreekeron Feb 07, 2018 10:58am

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Post# 27518950

RE:All this makes NO Sense

pipefighter wrote: None of it! Our low on gold Dec. 12th $1241, same day as the USD was 94.08. Our shareprice was 99 cents or $1.00.

Today gold is $1325, the USD is 89.74, and our shareprice is 99 cents maybe a $1.00

So Gold is up but MOZ (and juniors in general) aren't. That's probably because junior gold stocks are equities, and react to a lot of other things than just the price of gold. People own gold bullion to protect their capital. We own MOZ to try to multiply our capital.

IKN had an interesting piece on this very subject just a few days ago. Gold stocks are equities too.

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