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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 AlwaysLong683on Sep 29, 2023 11:44pm
94 Views
Post# 35662972

RE:Fridays Musings

RE:Fridays MusingsWhile most Canadian junior gold explorers / first mine development companies are near their 52W lows, ARTG is doing just fine re. share price.

Also, two exploration-stage companies (NFG and SGD) have held up well.

The market will usually reward a gold company building its first mine provided it's progressing with the development of the mine on time and on budget. If there are delays and/or cost over-runs (real or anticipated by the market), the share price will likely remain stagnant or drop further.

I agree with others that tax loss selling may bring MOZ's share price down further, though I think major shareholders tend to sell their losers earlier than in the past, so perhaps end of October / early November may be a good time to step in IF you believe in MOZ and it's management...?


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