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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 babybelugaon Mar 11, 2021 12:41pm
99 Views
Post# 32773511

RE:RE:RE:I think what Manson is saying is

RE:RE:RE:I think what Manson is saying isThis is just a preliminary step.  Gives them years before they have to act on financing if they want but its a box that needed to be checked.  Everyone knows they need to raise money for the mine build so this shouldn't be a suprise.  It is essentially a box that needed to be checked on the path to building the mine so why not get it done so you can move on to the next thing.  

I would also argue that if you think the Prospectus news is a negative that this is the perfect time to file it and have the news out there.  It is about to be yesterday's news in a big way.  I'd rather have it out there and then move on from it with Drill Results, Berry Resource, Drill Results, FS, Drill Results, Drill Results, Enviro Assesment Completion, Drill Results, 2nd Berry Resource.  
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