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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 Sep 13, 2022 10:13am
210 Views
Post# 34959208

I'll tell you how to make lemonade from lemons now....

I'll tell you how to make lemonade from lemons now....There's some really good news here but few will see it. With the hot CPI today the FED and other central banks will stomp their jackboots even harder on the neck of the economy.  While this is clearly bad news for the average joe sixpack out there it's great for building positions for what's likely to follow.

The faster and higher the FED jacks up rates the faster and closer we come to a collapse of the economy...the global economy.

Once there are unemployment lines around the block, people burning down their own neighborhoods in protest etc....the free $hit providers will fold. 

Early next year or late this year the $hit hits the fan and the hoped for FED "pivot" won't be just wishful thinking it will be the mother of all QE and stimmies

The US dollar will plunge, gold will soar to record after record and quality gold miners will be printing money faster than the FED

This has been my thesis for a while now. I am buying shares of SKE, IAUX, ARGTF, AEM and OBNNF at each FED meeting/rate hike in a slow and methodical pace until things get so bad in the real world they are forced to fold...then it's payday

MOZ could fit into this plan but not yet.

So take some heart ....buy tranches slowly in the best of the best. Own some producer like AEM, maybe some royalty names like SAND or OR and include the best developers.

The worse things get now...the faster it all goes to $hit...the sooner we get to gold lift off.  It's going to happen.
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