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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 theCurseon Jun 08, 2021 6:39pm
81 Views
Post# 33352486

RE:RE:RE:Quiet

RE:RE:RE:Quiet
Someone posted that all NFLD golds are getting some added interest - maybe that's just it. 

Price rise today was from some entitity from Scotia taking out 100K asks.  3 times today.  i was paying attention because i missed the last visit to 3.31 and that was my next sell range (now $20K per price instead of 10K shares).  oddly only got 800 filled of my 6100 ask at 3.31 during the last minute...a spillover from scotia taking out a 100K bid at 3.30.  Still holding more than enough.

I find it ironic now that I also hold EDV again.  everything is 10x pricewise to MOZ.  trading around $30 with all big bank targets being between 40-57.  However, EDV is now a (~senior?) producer raking in cash.  not promoting it and definitely would make no difference anyway price wise.  buying back shares, paying dividends and paying down debt.  just kinda odd they seem to be priced very similar.

tC
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