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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 idleintruderon May 01, 2018 1:16pm
114 Views
Post# 27965339

RE:RE:Another pro's opinion.

RE:RE:Another pro's opinion.Fast:   The company is closing the gap nicely. 

Using GoldCorp's purchase of Kaminak as a rule--3 million M &I, plus 2.2 million ounces inferred, with low production cost of less than $400 per ounce, --Marathon just needs to add 2 million ounces more (not easy), and a buyout for us  at 3X or 4 X current price is possible.    But much work still to do: economics of deposit : underground /open pit etc.  Good to be positive, though.  Good luck
Bullboard Posts