Marathon Gold Corp MGDPF

Primary Symbol: T.MOZ

Metals & Mining Gold

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.

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Marathon Gold Corp > From $2.44 on Nov 2 to...

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Comment by theCurseon Nov 13, 2021 4:55pm

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Post# 34123739

RE:RE:RE:RE:RE:RE:From $2.44 on Nov 2 to...

At $1500 POG pre-production MOZ gets killed including significantly added dilution. 6 months delay in construction - added building costs. probably already way over what was budgeted. 2 years from now at $1500 gold - their ASIC will not be where they had estimated prior to today.

My other gold holding of significance (EDV), get's killed when gold moves down $100. ASIC of less than $900. When the wind blows against golds....value gets thrown out the window. besides, you want to exit this sooner than later. I've never regretted selling on the way up.

don't worry about's in between my legs as what's on my shoulders.

tC

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