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 > Updated Feasibility Study and Gold Price Assumptions

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Comment by theCurseon Jul 07, 2022 8:52pm

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Post# 34810031

RE:Updated Feasibility Study and Gold Price Assumptions

Everything has now been inflated and most things are not coming back to the old price points. Obviously, oil is heading back down when the Ukraine war is "resolved" but most consumer goods may fall back but never to the prices pre-covid. But LOM $1500, I certainly think that is too low. jmo.

What many gold bugs seem to overlook is that gold at $3000 shortly does not bode well for most folks. Metaldick hoping (or so it seems) for the collapse of economies so to further his gold investment (or "thesis" - fm).

Does one want gold at $5000 this year...no, not unless there is some new demand for it as otherwise it means things are fubar.

tC

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