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.

TSX:MOZ - Post by User

Marathon Gold Corp > He aint no moose .............

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Comment by theCurseon Apr 01, 2021 11:58am

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RE:RE:RE:RE:RE:RE:RE:RE:He aint no moose .............

Ridgeback wrote: Better be looking for a takever in 2021 or it's going to be a painful boring ride to 2023. 3.30 was the perfect sell point a while ago. I'm a greedy fat hog to not unload the rest at that point...and i knew it.

Not so fast Curse?

Berry zone, given a new perspective,Ounces. Manson is a Bull in the China shop? Suggest a takover? I don't see Manson in the ball park.

Yet? but I agree unless AU is in the big range, Manson has a good team to make it happen..

You said MOZ unlikely to be taken out at these levels.
Berry zone. ripe with depth. Deeps are to be exlpored. Ontario has some at + 3000. Moz has ?
Au valuations $1500-$2000? No one to make an offer unless MOZ hits a solid Five Million.

I'll just go along with the plan until 2022.

Not exactly sure what you are saying a few times in your post.

I've never indicated what levels i felt MOZ will/should be taken out at. However, without a takeover, it's very unlikely you see $4 anywhere before production unless gold goes much higher. and if gold goes lower before production well both pain and much greater dilution to fund the project. 3.30 was an excellent exit point - looking in the rear view mirror. We're not too far off where i started selling every 10-11 cents up to 3.15-3.20. I have not bought back any of that in my personal account. I did buy some with a passive corp (first time it has ever held MOZ) but started buying too early (2.80-2.30) and will not buy any more unless it becomes basement priced (<1.50).

Perfect timing would be to have an offer before the end of this month....for tax implications (2020 vs 2021 considerations).

tC

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