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 theCurseon Jun 28, 2018 12:19pm

116 Views

Post# 28245272

RE:Taken too the shed and fleeced

pipefighter wrote:
Shouuld have never spent that $11 million for the buyback of the royalty, not at that time of this game.

Time will tell but you make a very good point. It is unknown to me whether that buyback would be cheaper or much more expensive to negotiate now. my guess is the latter.

Hopefully this is a bit of a present given to 2 houses that have backed them very strongly. I hope we see some significant appreciation before another round of financing is required. sure would be nice if another round is NOT required.

95.2 - 50 day and 101.5 - 200 day moving average.

tC

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