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 > Repo markets

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Post by BGraham2on Mar 06, 2021 8:00am

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Post# 32735606

Repo markets

Doing a bit of reading on this lately.

Seems as though confidence in the US 10 yr note is going up in smoke.

Reserve rich banks smell a rat and wont lend into the repo market making liquidity almost non existant for entities in need of it.

What has market pundits jaws dropping is J Powells refusal to address the problem in his recent appearance.

This repo market problem is not going away, shades of 2008, 2019 , and here now again in 2021.

When the band-aid gets applied this time maybe market return to its new normal, whatever that is - hopefully its good for gold.

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