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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

Comment by Goldmeister44on May 14, 2020 5:29am
159 Views
Post# 31026155

RE:RE:RE:RE:RE:RE:RE:Today's Trivia

RE:RE:RE:RE:RE:RE:RE:Today's TriviaIt is the exact same project it was a week ago, a month ago, 3 months ago.  Nothing has changed except your attitude towards it and your perception.  NO ONE can call for a dip and then a rally...it is absurd to think that you can time anything let alone the POG in the near term in an environment with no precedent. 

The "costs" are outlined in the pre-feasibiliy study..go read it.  The IRR and cash flow models are in there and will get further refined in the feasibility study coming up. 

We will be drilling again soon...it costs money to do so!  Hello?  The drilling will add ounce which adds value.  Next year a construction decision will be made and then there will be a working mine owned by us or whomever wants the project. This is how it works for EVERY SINGLE MINE that's ever been built.  

You people so critical of the last PP have no clue. You live in some fantasy world as arm chair quarterbacks.  You think something can be had for nothing and that this mine should build itself. Move on then!  Go find a better project to speculate on. GL finding one!  There are very very few projects that tick all the boxes...SKE, AOT, PGM and MOZ are the best 4 I've ever found. You can sell me your shares I'll gladly buy them from you at the current price
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