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 > Short sighted whiners and know nothings....175,000 ounces...

<< Previous

Bullboard Posts

Next >>

Post by Goldmeister44on May 06, 2020 4:43pm

157 Views

Post# 30994944

Short sighted whiners and know nothings....175,000 ounces...

175,000 ounces per year currently would yield them over $1000 per ounce profit. That's $175,000,000 large. Go ahead and double the share count to 300 million...let's call it .60 cents per share in earnings for round number sake....at a 10x multiple that's a $6 stock...at a 20x multiple it's a $12 stock...Put gold at $2000 or $3000 per ounce....which it's going to....and do the math...

NOW TELL ME GETTING A 20% TAKEOVER PREMIUM NOW IS BETTER THAN A TEN BAGGER OR MORE...

<< Previous

Bullboard Posts

Next >>

3 Mid-Sized Stocks to Consider This Season