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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 metalhead666on Apr 23, 2022 7:32am
190 Views
Post# 34625923

At least 4 major catalysts this year....

At least 4 major catalysts this year....1. Final permits to allow for construction to begin in earnest.

2. All encompasing resource update to add significant high grade ounces

3. Updated feasibility study to account for cost inflation and current gold price

4. Further exploration upside and discovery

In my opiniong anyone selling shares at this price is a fool. The largest mine in Atlantic Canada is on its way now to pouring gold. While a market crash and economic blunders by central banks hurt in the short term...longer term all this turmoil couldn't be better for gold prices and MOZ. I had thought it might take a year or more for the FED to wreck everything but it now seems that it will only take a few months.  Come August and the 3d or 4th rate hike the wheels will have fallen off the cart and they will be dialing it all back and perhaps restarting QE once again....this is when gold will really shine. I think $3000 is possible within a year at most 2 years. The economics of the Marathon project will be off the chart at $3000 gold. MOZ will be in the sweet spot on the Lasonde Curve right as gold is soaring. I think MOZ will be a multi bagger for those who buy here. It's as good as it gets for a gold mine..right place, right time, no surprises, no mystery, no chasing underground veins, nothing complicated, plain vanilla money making machine. 

This is what I'm talking about...excitment! 

https://www.youtube.com/watch?v=Ha3H4Bwsefo
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