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 TaylorDart01on Oct 08, 2019 7:25pm

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Post# 30209546

RE:$2.00 (US) Now Too Optimistic?

Thank you.

4th accumulation day in past 30 trading days, always a good sign.

Early too speculate on a buy-out being imminent, but I would be amazed if this wasn't the nextd one to get snapped up. Chart looking good, and resource keeps improving. Nice to see dips immediately folllowed by new highs, shows immense buying pressure and fighting for shares.

$1.30 CAD should be new floor to buy against going forward to add to positions.

Personally, I don't think we see a takeover until the PFS study is released in Q1/Q2, but have seen names get taken over with just PEA's, so anything possible.

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