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 > some simple math

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Comment by AlwaysLong683on May 19, 2022 12:52am

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Post# 34694476

RE:some simple math

bufordpusser wrote: 102,400 ounces of gold at $2500 Canada dollars will cover the money invested into this project so far. [$256,278,000]. kinross paid 1.8 billion for it's last deposit. It's hard to believe someone isn't willing to pay 4-5$ per share for this deposit.

GBR was smart enough to sell to K instead of trying to build a mine first and GBR shareholders made a really good buck on the deal without having to wait years until the first pour. I think MOZ is making a mistake building a mine, and I'm hoping NFG doesn't make the same mistake and goes the GBR route instead.

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