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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

Comment by Ridgebackon Apr 27, 2022 6:18pm
118 Views
Post# 34637154

RE:RE:RE:Interesting...

RE:RE:RE:Interesting...Curse well said. The thing is if one expects Marathon to show a reason for increased share price given the results to date then why not throw a few more into the pot with no good reason for negative sentiment other tham inflation costs which Marathon has addressed in their engineering plans and to have more diciplined control over the project. Not a flat out Card Blanque approach.  I did add in April and today. Long run good % upside.

So will Manson deliver or will the company be bought out? The Miners are is the S/h. hole and my exit still stands at $4.00 for Moz.

My guess at financing is near the AGM announcement in May? I would be in with flow through but I doubt I would have a chance for any new equity. So May/June issue more shares and the big guns are waiting to reduce retail investors to having no say. This sets the stage for the balance of 2022 and in my view as resources grow mine life extends and the permit approvals are granted.

Build or Takeover? Low ball or ? Undervalued given the increased life of the mine.

In the negative side for now are the ones taking the hit and can't stand the pain or don't see the values in holding, The fundimentals as the NFLD leader and ground breaker Marathon to have the first approved mine in decades are and remain positive the front runner. Those analyst have to coveer their azzes and don't expect pie in the sky from them. Facts are MOZ is the leader in NFLD and no doubt resulted in a NFLD Gold Rush with great news releases and no red flags. Eastern Analytical had a wind fall in orders thaks to Marathon.

Regards


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