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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 zack50on Sep 23, 2022 11:39pm
250 Views
Post# 34983739

Average of $0.44

Average of $0.44One more go around on this...

My present holding is 50K shars of MOZ at an average purchase price of $0.44... as follows:

* 20000 @ $0.15 .... $3000
* 15000 @ $0,39 .... $5850
*  8000 @ $0.67 ....  $5360
*  7000 @ $1.14 ....  $7980

These 4 purchases were made between Nov/15 and Mar/17. All purchases were bought at or near the high price of the day... never did have much luck with hitting the lows.

This investment is being held in my TFSA... none of these shares have been sold. Thus, those 50K shares, at a total purchase price of $22190 equates to an average share price of ~$0.44. 

Now... since that total initial investment, I have as I stated, purchased MOZ shares... buying at the price examples (and others) that I presented in my previous post. Maybe I should say that buying/selling of those shares ocurs in a non-TFSA account.

AlwaysLong, I'm not sure why you can't fathom being able to buy/sell at the prices I presented... MOZ shares have traded in those ranges on a number of ocassions. So in terms of doubt and fathom... "have at it"... "fill yer boots".

My only regret is similiar to that of theCurse, and not selling my present (initial) TFSA holding when MOZ was trading above $3 on so many trading days in 2021... but alas, who knew!

As I stated previously... so much noise... that initial investment still sits in my TFSA (shoebox)... hopefully I'll (and you folks) will still get the chance to cash in at $3 or higher... fingers crossed.

I hear rain and wind... sounds like FIONA is just around the corner...time to hunker down!
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