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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 TaylorDart01on Dec 17, 2019 11:40am
102 Views
Post# 30463807

RE:RE:RE:RE:RE:RE:RE:RE:Update

RE:RE:RE:RE:RE:RE:RE:RE:UpdateProbably most ridiculous post I've seen on here in a while.

A) Every single company in this sector misses dates, if you've been in this sector for more than 10 years and aren't adding a month minimum to date management says they're going to get report out, then you're doing it wrong, and are very naive. There are far too many things out of management's control when it comes to studies, and many companies double and triple check when doing these studies.


B) The Renard Diamond Mine was $36 million below budget and ahead of schedule. How the mine operated was not Manson's problem. He delivered below budget and on time. What the stock did afterwards was out of his hands.


C) Construction wasn't going to start for a year minimum. You think they're going to start mine construction with $30 mill in bank and a PEA? How far is that going to get them?


D) The key is that the FS is on schedule, whether the resource estimate is a month or two behind is irrelevant. 


You've got 80% of the sector diluting shareholders are terrible prices, raising at consistently worse prices, yet you're throwing a hissy fit over this? Crazy. 
Bullboard Posts