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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 Ridgebackon May 17, 2021 8:09am
99 Views
Post# 33212761

RE:RE:RE:RE:Even Pierre Lassonde.......

RE:RE:RE:RE:Even Pierre Lassonde.......We can all listen to the experts and their opinions, experts and analysts are more like a school of fish or birds that turn on as dime as soon as a preditor is in site. They do make predictions we all like or dislike to hear just as some of us may do. Me included.

My view is that Marathon has proven and will improve their resource past 5 million ozs. It's a fact that NFLD is in need of revenues since fishing has been on the decline and the oil fields have seen major layoffs since Canada is good at beating up our own. For this reason I see Marathon and its management fully capable of bringing a profitable mine taking it into production. For me there is no reason to sell perhaps trade however over the longer term the opportunity to have an emerging producer in this province is a bonus.

Look at all the other companies like SIC,Matador and Benton there are plenty more with boots on the ground and it will take some of them 5 -10+ more years to get to where Marathon sits today. Marathon is only a couple of years away from pouring the first dore' bar.

Permits as some have eluded to with community agreemants now taking place further build strength, support for governmental approval in a few months not years. So regardless of Lassonde/Trinity who's positive vote is better than his AU/AG predictions the short term is positive for upside unless there are some major market set backs to bring AU down to $1300.  My bet is it ain't gona happen :)  Moz will be one of Nfld's Crown Jewels in Mining most likely surpassing 13 years of mine life. 

Not much to do now but wait and watch the assays and events and relax!
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