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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 Jul 06, 2022 2:33am
323 Views
Post# 34804156

Skate to where the puck is going to be!

Skate to where the puck is going to be! While a depressed share price certainly will make for a more dilutive final financing to production....MOZ is not in need now and a lot is going to happen shortly....The final permit should be in place within a month or so...any day actually....the global economy is going over the cliff so the day the FED folds is getting ever closer which means a moonshot for gold is imminent.  Sentiment towards the group can and will change on a dime so we'll be raising the final money at much higher share prices.  Of all the projects out there there's none that compare....a simple bread and butter operation with fantastic economics even with inflation higher....and that's not going to last long as everything collapses.

The updated resource study should be excellent as will the full updated feasibility study. A lot more ounce have been added since the originals

MOZ remains a prime take over target...even more so now.
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