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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 theCurseon Nov 02, 2021 3:21pm
138 Views
Post# 34078778

Profits....

Profits....
Never foolish taking them.  You just never know.

First time i replenished any sale from the personal account I have been selling from was last Thursday - the $3 buy to replace the $20K sold at 3.71. $20K every 11-15 cents.  There was selling pressure that day and now we know why because of Friday's news.  A few were tipped off - not very many but definitely a few.

The delay does hurt but the worst is because of the careless/lazy/arrogant effort.  Of course still hoping for a takeover but not sure if that's less likely or more likely now.

That said, I really don't have any inclination to buy at this point.  perhaps after seeing how gold reacts to the Fed tomorrow.  I think there is a much greater chance of big downside in gold tomorrow.

tC


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