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 > Magic .88 wall, courtesy of CIBC and Anon

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Comment by siena1on Nov 14, 2022 3:43am

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RE:RE:RE:RE:RE:RE:Magic .88 wall, courtesy of CIBC and Anon

I was a beneficiary of the takeover you refer to and reinvested some of the agb profits here at 160. I recently added at around 80. Current valuation is crazy but we are coming out of cyclical low in gold equities with next peak probably 3 years away with gold price over 3000 and 5 to 10 times return possible in equities like this one assuming things go to plan here.

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