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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 May 31, 2022 3:10pm
122 Views
Post# 34720930

RE:RE:Marathon Gold Needs To Be Stripped of "Buy Recommendation"

RE:RE:Marathon Gold Needs To Be Stripped of "Buy Recommendation"

Short term all Jr's are down at least most of them in pre-production stages. Gold is holding well, senior minors do well with good cash flow and will be looking at prospective opporunities.

This is my view has been and will be a good buying opportunity. Looking at MOZ they have a good discovery, cost per ounce perhaps up from 10 to $20.

Marathon is cashed up no need to run to the equities just yet in my opinion. Marathon continues to make progress and the catalysts click off all the boxes.

Ongoing drilling with proven resources and new results remain positive. 

Bite the bullet and look at the positive.

I take a few here and there. 
Regards

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