Marathon Gold Corp 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 > Marathon Gold Needs To Be Stripped of "Buy Recommendation"

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Post by NLMooseon May 31, 2022 2:44pm

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Marathon Gold Needs To Be Stripped of "Buy Recommendation"

With Marathon Gold stock now reaching 52 week lows and even closer to trading at record low levels, I think that TD Investments needs to strip their company of a "Strong Buy" recommendation.

If Marathon Gold truly was a "Strong Buy", their shares would be trading at $4.00 to $5.00 a share, not a mere $1.71 a share.

Where are they going wrong as their stock keeps sliding to 52 week low and below $2.00 a share levels.

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