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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

Comment by Ridgebackon Nov 17, 2022 11:52am
189 Views
Post# 35107136

RE:I like...

RE:I like...Possible scenarios

Takeover potential given the following catalysts?
Share price appreciation once the upcoming resource is announced in the next few weeks including adding in the new Berry Zone?
Exploration on new zones prove additional resources along trend?

Deeper drilling confirms a continuation of resources below the pits could include a deeper mine.
Life of the project extended to 15 years?
Gold moves past $1800. US?
Costs for now appear to be well managed with advances on equipment,leasing and workforce? Confirm all of the above and the share price looks like a bargain.



Negative Scenarios

Year's end selling short term?
Market failure all share fall?
Issue more shares in a year or two if all of the positive events fail to occur?
Gold drops at or below $1500 US and the share price drops with it?
Someone maniac Nukes us all?

Bottom line who has a crystal ball? So far the positive scenarios out number the negative? What the share price will be in one month or two years is not something someone can predict in the future. Base your decisions on real facts and analysis rather than risky, speculative forecasts. There are few good ones out there like MOZ,SKE,IAU.
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