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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 Apr 03, 2023 11:19am
121 Views
Post# 35376198

RE:The Wizard of MOZ

RE:The Wizard of MOZGood wishfull thinking, hope some of it would come true.

However to be hesitant which I'm not, adding shares is perhaps the right thing for you but this is risk reward in my books is to the plus side? I would say that if MOZ were taken out today there would be a lot of folks whining here just like the Sabina BB. You never get what you think would be fair value and everyone shouts at how bad management is when they get sold out. One reason to add low or average down if one thinks the project is viable. 

Moz Director,Gowan added at 100000 @ 80 odd cents,last year, perhaps he thinks the share price was undervalued and should rise with events, perhaps even a takeover down the road? 80 pennies looks like a good risk reward situation.  Allbeit I doubt any takeover will take place until the build is well underway with a few more assays to sweeten the pie. Why rock the boat when the dirty work is ongoing so far no issues?

As far as an activist investors go, I guess Pierre LaSonde and Eric Sprott have their plates loaded with other ventures. Hopefully some large corporation is keeping an eye on MOZ and others, there is bound to be one or two more good mines in the future for NFLD and so far MOZ is leading the way and perhaps future amalgamtion of companies within the area. For now it's watch the Millions Of Z shares trade?
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