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.

TSX:MOZ - Post by User

Marathon Gold Corp

<< Previous

Bullboard Posts

Next >>

Post by tarsandson Feb 02, 2022 9:26am

141 Views

Post# 34388585

Why is it that gold is down??????

We all hear that gold "s rise and fall are correlated mostly by the USD.

Right then on the 25th of Jan. Gold was at $1840 - $1850 area. , and the USD was at 95.92 right where it was on the 24th of Jan.

So gold should in that case be back too $1850 or $1840.

10 yr yeilds US were on the 24th of Jan 1.771 , today they are 1.799.

The market is playing with gold in my view and belongs at $1850 ++++++++

<< Previous

Bullboard Posts

Next >>

Day trading vs. swing trading strategies for small-cap stocks