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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 seinfeld1on May 15, 2020 6:46pm
135 Views
Post# 31036371

RE:Closing

RE:Closing95. I will be staying.  As this is an investment with no guarantees the obvious has been stated.  Thats why GIC were invented.  To move from one investment to another because the grass is seemingly green brings with it many risks.  Preservation of principle is number one...that said many here have been in for sometime and are in the money.  As you make your money on your buy... of quality projects...sometimes specutlative, there is certainly safety to be in early, and to be in a quality project as there are few with MOZ's  open pit assests.  Most don't know what they own and it is evident in the desire to get rid ( bought out) ASAP.  I have not heard the word leverage used by the cult.  The leverage aquired by purchasing a penny stock that under these fundamentals can become double digits if you study history at all...1980's, that leverage is very significant.  Again, I will buy some at $2.50 on a pull back so those old times with dreams of GIC's can make their dreams come true.  Know what you own before you buy or sell!  JMO
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