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.

TSX:MOZ - Post by User

Marathon Gold Corp

Bullboard Posts

Comment by theCurseon Nov 01, 2018 1:57pm

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Post# 28909374

RE:Maneuvering

Auctioneer wrote: Anybody else smell big boy shakedown?

I certainly do not smell that - perhaps the herb in your pipe is what i smell?!

The updated PEA news just shows how dead this sector is. After tax NPV up 34% from 367M to 493M. IRR up to 44% from 34%. Keep in mind all PEA values are in US dollars. The NPV increased by more than current market cap....way more.

And no volume whatsoever lately. Can you imagine what would happen if the revised NPV was DOWN 34%. Only movement on bad news on these Jrs....good news pretty much ignored. And until we see some volume...some crosses. I agree with others....at some point something has to give and if it doesn't, someone is going to take (at least) a significant position.

I see National Bank upped their target price today from 1.60 to 2.00 - i did not see the details but obviously it was the revised PEA.

tC

Bullboard Posts

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