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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 AlwaysLong683on Sep 13, 2022 11:26pm
171 Views
Post# 34960972

RE:RE:Iknnews.com…..really ? wtf

RE:RE:Iknnews.com…..really ? wtf
Sacks48 wrote: I just checked and the targets are still in the corporate presentation so I dunno what this author is talking about.

Yes, still on page 23 of their August 2022 presentation. I suspect MOZ won't change the numbers on their presentation slides until after analysts downgrade their target prices, which is likely in my view so they can erase the rather outsized targets they currently have in place which currently look rather foolish to me. Even CIBC at 2.50 is a real stretch IMO.


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