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 skott4Goldon May 20, 2019 1:56pm

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Post# 29760977

Marathon Gold value as compared to Atlantic

An easy/quick calculation would be this. AGB was bought for $800 mil. Let's assume their capex was $350 million like Marathon's will be. That would leave you with $450 mil for 2 million ounces or a little over $200 per oz in the ground. So Marathon easily has 5 million ounces that give them a Billlion buyout minus $350 million for Capex leaving $650 million for a buyout. I'm using US$ That would give MOZ are share value of $4.07 US$ or about $5.43 canuck This is assuming they have 5 million oz which is almost completely proven and assuming they don't expand the resource further. Somebody is going to want to buy them IMO. Great climate, friendly country, support from the govt. etc. And alot more potential for more ounces.

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