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 > Well fellers

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Comment by givemeabreak1on Sep 21, 2022 10:54pm

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Post# 34978115

RE:Well fellers

The project has plenty of tonnes or ounces to be profitable. Further the grade is very good! The problem is you need to control costs. You cannot finance it at the bottom of the market that was just plain stupid! You cannot overpay for the financing again that is just plain stupid! How do you go from like 300 million to almost 500 million Capex again that is just plain stupid!

All that said, even stupid can make money if you buy at the right time...............

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