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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 metalhead666on Oct 23, 2022 9:35am
212 Views
Post# 35041802

The one thing MOZ shareholders have going for them....

The one thing MOZ shareholders have going for them....Well 2 things.....

1.  It's going to get built with Berry coming into the plan. That fiasco is over now.

2. The price of gold.  Gold is going to $3000 or more. As it has for thousands of years it will be the asset of last resort. The world is a mess. Inflation is imbedded now. The FED is blowing stuff up. Debt is unpayable and rates are soaring. Everything is breaking down. When the masses realize that the $hite is hitting the fan they will rediscover precious metals. The FED will fold too...only a question of how bad everything has to get before they do.  The rally in gold Friday was on just a hint of a "pause"...wait until they are forced to resort to more QE and rate cuts.....will be the biggest gold rally you've ever seen.  Even at $2000 gold the financial metrics change dramatically.  Anything above that and free cash flow goes parabolic. I'm confident enough in my thesis that I added a few thousand MOZ shares last week.  I like Skeena, I-80, Osisko and Artemis more but MOZ will be ok now. Maybe significantly better than ok with a little more discovery and a couple more satellite deposits ....have to be patient and careful that a market crash doesn't shake you out. 
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