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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 Aug 16, 2023 10:35am
108 Views
Post# 35590852

RE:RE:The Frank Zone

RE:RE:The Frank ZoneThanks! My guess is upside for both Ag and Au and like Skeena they do report the same way only with more silver. So long term looks good.

I noticed on the Aug. presentation some major shareholders. BCI Ventures (Barclay Isherwood) is one of them... I thought he had sold out from the last count 21 million shares and an announcement was made on him selling his holdings. Perhaps he still sees a positive outcome and sold profitable shares to average down. I did the same early in the new year to bring the averages down but at tax expence all though some writeoffs helped for this year end reporting. Still holding the same amount.

One other listed of interest there as well. From various sites including stockhouse I see names I never knew as shareholders. 

I have to assume some of these new instituional investors see a turnaround for miners and especially Jr miner on the cusp of production in safe US or Canadian locations. Most are beaten down and the upside may be rewarding for the ones that can carry through to production.

Also of interest I see Mr. Bell at Canaccord has a $4.00 share price reportd about 24 days ago. So I don't know what he's smoken but whatever it is must be wild weed. Would love to se one of his reports.

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