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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 theCurseon Sep 14, 2022 2:41pm
142 Views
Post# 34962435

RE:RE:Boss speaks at Beaver Creek tomorrow...crickets chirping...

RE:RE:Boss speaks at Beaver Creek tomorrow...crickets chirping...
BGraham2 wrote:

Curse - ur right all along man - hope u got rid of most of ur shares at your oft quote circa $3.00 sale price.





In hindsight, the plan was near perfection.  In actuality, the execution was not.  I sold about 80K from my personal account starting around 1.85 up to 3.70 - every 10-15 cents (missed some intervals).  initially 10K shares at a time and then $~10K at a time.  $3.41 ave sell in 2021.

My target had been $2.50 for quite a while so selling above that was a bonus.  Where the execution went really wrong was not selling the remainin 40K at $2.50 on the way down.  Instead I actually bought a some in a passive corp when it dropped below $2.50.  I could buy more at these levels but will not.  lack of displine.  it can sit there for quite sometime.  the personal 40K is at 80 cents.  I may unload that for tax reasons on any strength (from where i don't know) in 2022.

Kicking myself for not having the discipline at $2.50.  And not the first time.  The first time cost me all my gains (EET - $2 floor) - this time I faired much better.

tC
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