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 > TA is overbought

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Post by tarsandson Jul 27, 2020 10:19am

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Post# 31323592

TA is overbought

At $2.49

RSI 73

The MACD signal line is the highest its ever been on the charts.

We know that even buillion is way way overbought.

And is due for a pullback! When it does watch all the gold stocks drop like a rug was pulled out from them.

But hey if gold keeps this start of a parabolic chart pattern then anything can be picked and it will go up in shareprice.

It is just time for a breather me thinks!

The 50 day is all the way back down at $1.81

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Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload