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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

Comment by Ridgebackon Feb 14, 2023 4:15pm
130 Views
Post# 35286047

RE:RE:RE:Time for removal.

RE:RE:RE:Time for removal.Holding Firm.

I have patience and have been adding. We can only speculate on the Au price and must include some potential set backs in MOZ mostly ,,,,wildlife management if Carabou herds travels to areas of concern?

So to be modest in expectations? We don't know what the new exploration catalysts will add to the reserves in 2023, I expect upside and mine life increase. Most likely higher over the trend if they continue to have these outstanding results? We don't know where Au will be valued? $1500 US or $2000+ US, dollars so my expectatons are modest at this time. $1.50 on nothing more than what we see now. 

Mine build milestones are as important as new resource drilling so they go hand in hand to increase shareholder value in inflationary times.  Estimate will be known by the end of March $1.50. $2.00? pending news releases. One thing for sure 88 cents looks sweet. 

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