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Marathon Gold Corp MGDPF


Primary Symbol: 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

Post by BGraham2on May 16, 2021 7:58am
242 Views
Post# 33211010

Even Pierre Lassonde.......

Even Pierre Lassonde................... doesn't get it entirely right all the time.

Listen to this interview with PL on Feb 23, 2021.

https://kingworldnews.com/pierre-lassonde-broadcast-interview-available-now-2-32-2021/

IN the interview PL calls the gold bottom at about 1770 - 1780 usd which is where gold was trading at the time of the interview.

In fact, gold fell further and by early march, 2021 had hit 1673. On march 30, gold put in a double bottom , closely mimicking the early march close VERY closely.

This 1673 was in fact the bottom for gold with PL being about 2 weeks to1 month and about 100 usd too early in his call. But we'll forgive him that ,eh?

See the Lassonde call and the subsequent low on this chart - a pic is worth a thousand words!

https://invst.ly/utsli

BG
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