Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Aug 05, 2022 9:30am
122 Views
Post# 34873663

RE:RE:RE:RE:RE:Metalhead

RE:RE:RE:RE:RE:Metalhead

Metalhead.

That's sounds like a good plan of action.
I am more contrary.

I just find it hard to predict when it comes to Marathon. The price seems to have reached the end of a period of a buying opportunity at the bottom of a major downtrend, like so many other companies have in recent trading history.Marathon could have another good move upwards on what we are all waiting for, Federal approval and perhaps a nice bounce up towards $2.50.

While other stocks may be less speculative and a bounce towards higher prices may not be as tasty as what Marathon has to offer. Should they get Federal Approval to build we will have seen one of the biggest bounces and percentage gains in MOZ stock from the undervalued low price to the new levels in very short order. 

When I read the various coverages, articles from analysts, most expect AU and Jr. gold miners to do well. The issues is there are so many economic scenarios near term before we see direction? One reason I look at November as the turning point after all the interest rate hikes, governmental missteps and potential catalysts we see before us now become more defined. At this point all the expert prognosticators are speculating on geopolitical events, recession, rate hikes and inflation etc.. Some have good expectations that need time to develop. No crystal ball just potential upside for now? 

<< Previous
Bullboard Posts
Next >>