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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 theCurseon Jan 10, 2021 9:35pm
131 Views
Post# 32264734

RE:RE:RE:RE:RE:RE:RE:Whoever bought the 500 k

RE:RE:RE:RE:RE:RE:RE:Whoever bought the 500 k
Ridgeback wrote: as long as Au stays above $1400 US all is well. Penguins and tradting computers will set it.. Look for the low buys on MOZ/Ske


$1400 Gold and Moz's current SP is sliced in half.  I would not classify that is "all is well".    Supply/demand (based on currency/inflationary factors) and gold companies hedging determine the POG.  I took my tin hat off years ago.  Penguins?  (like the same suit types that are directors for MOZ??) do what?  Algorithms (automated trading) takes advantage of short term moments either way.  imo.

tC
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