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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

Post by NLMooseon Oct 30, 2021 10:22pm
158 Views
Post# 34069961

Trading Halt Definitely Means Bad News

Trading Halt Definitely Means Bad News

Since Marathon Gold stock lost over 10% of its value on October 29, 2021, one can assume that the news is not very good.

The Newfoundland and Labrador Government is quickly turning into the "Greece of North America" where too much red tape is making it difficult to do business in that province.

I think that all Newfoundland and Labrador politicians should take a trip to Greece to learn how too much red tape is a reason why that Eastern European country is almost bankrupt.

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