Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 metalhead666on Dec 08, 2022 2:44pm
76 Views
Post# 35159902

RE:RE:RE:Where is the bottom?

RE:RE:RE:Where is the bottom?They don't ring bells at bottoms or tops.  Don't care what the crooked banksters do on a daily basis.

At $1800 gold...todays price....MOZ has a 26% IRR and a $800 million NPV.  It's trading at a significant discount to its peers and at a minimum should trend towards 1x NPV as we get further down the road. 

At $1900 or $2000 gold these numbers rip higher.

Where is gold going to be when we make first pour?  I'll wager that it's significantly higher than $1800 even if the whole market tanks for a spell.  

So you don't buy by looking at magic numbers, squiggly lines or what some bankster does on a day to day basis....you skate to where the puck is going to be. 

By first pour MOZ will be $3 or better.  So I want shares now while they're on sale. I'll wait for the reward
<< Previous
Bullboard Posts
Next >>