Marathon Gold Corp MGDPF

Primary Symbol: T.MOZ

Metals & Mining Gold

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.

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Marathon Gold Corp > Marathon Gold Needs To Be Stripped of "Strong Buy"

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Post by NLMooseon Oct 06, 2023 11:55am

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Post# 35673283

Marathon Gold Needs To Be Stripped of "Strong Buy"

With Marathon Gold stock trading at close to record low levels, perhaps now is the time for Investment Rating agencies like TD to strip the company of its "Strong Buy" recommendation.

Mathematically speaking, based on the average investor analyst price, Marathon Gold stock should be trading well over $1.00 a share or even $2.00 a share, not a record low price of 55 cents a share.

Even Kraken Robotics deserves better treatment than Marathon Gold.

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