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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 Mustlovedogs01on Apr 19, 2022 2:32pm
135 Views
Post# 34613976

$1950

$1950$1950 is a psychological, support/resistance level.  The price was hit and bounced off.  Will this level hold, as the fundamentals have so drastically changed in the world in the last 24 hrs?  Six trading days left.  I don't think it will, but I don't know.  As it relates to MOZ...does the price weakness matter?  Has anything changed that would erase the math of the project to any significance.  Even when mines produce, the constant is the unconstant stablility of the price of the commodity.  Risk/reward...opportunity?...up to each investor.  good luck to all jmo
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