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Marathon Gold Corp MGDPF


Primary Symbol: 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 zack50on Sep 23, 2022 10:38am
140 Views
Post# 34981683

So much NOISE....

So much NOISE....Unless you own no MOZ shares or bought in at a lower price... my present holding is 50K @ an average of $0.44... you are not feeling awesome with this market day/week/month. Heck, even I don't feel awesome about it, considering that I could have been out ages ago with a substantial windfall. But that's water under the bridge!

I'm not about to give advice to any of you but here's what I'm doing about the MOZ "fall of the cliff" scenario that has been presented to me... NOTHING!!! The market and MOZ's share price will rise again. While I wait, I will try very hard not to lose sleep.

Time, if it's on you side, will fix the present market tumble. I remember well, like some of you, the 22% loss on Black Monday in 1987... I didn't feel very awesome that day either but now it's just a blip on the market map.

Current market volatility will pass. In the meantime, i've just put my MOZ shares in a virtual shoebox in the closet and closesd the door. I still expect that when all is said and done, I will still reap a nice windfall.

Waiting for FIONA to strike now!!! That will take my mind off of MOZ for a day or two!





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