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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 Mustlovedogs01on Nov 10, 2022 3:50pm
188 Views
Post# 35089607

Preservation of the next resistance level?

Preservation of the next resistance level?MOZ hit .89, down to .88 and sat there.  Nice to see the share price isn't down today after a $40 run.  Good job Matt!  The interesting thing so far is that the next resistance level is at .90 and then .92.  Why did .88 become a wall?  Cross trades have been mentioned which are valuable.  They "can", signal a change in direction for the share price.  Canacord did a cross around the $1.07 level, which, tin hat, coicided with the beginning of the drop to .73.  Love my tin hat!  jmo glta
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