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 > MM's discussion on the VGP with Global Business Reports...

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Comment by AlwaysLong683on Oct 27, 2022 1:32pm

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RE:RE:RE:RE:RE:RE:RE:MM's discussion on the VGP with Global Business Reports...

Sacks48 wrote: It starts .50 instead of .75. Nov 2nd should be good fir gold when feds raise .5 or less

Could be but I doubt it.
September US Inflation ran at 8.2% (vs. 6.9% in Canada).
FED makes their interest rate announcment November 2.
October US inflation number doesn't come in until November 10.
I think 75 bps is much more likely, but it could be "only" 50.
Can't see a scenario where the FED raises less than 50.

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