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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 Oct 13, 2023 8:19am
117 Views
Post# 35681832

RE:Not all projects follow the Lasonde curve

RE:Not all projects follow the Lasonde curve

Perhaps we have a new curve scenario so instead of the Lassonde Curve we have the Manson Swing.

1.During the exploration cycle everyone has high hopes showing potential.

2. Permitting is underway and eventually approved.
3.Financing sourcing from various lenders with dilution.

4. The build cycle with additional dilution and with little news coming resulting in loss of presence in the market investors move on. Marathon becomes the most undervalued Au miner on the exchange
5. Mill startup. Hopefully no delays have happened and they are on time.  First Au is poured and Au is at perhaps new highs?? The share price soars to $1.50 and Manson's crew exercise their options aquired when the share price in the dumps then sell into the market. Everyone sells and moves on at last.
Well I hope it's not that scenario and some miracle happens to lift our dreams?
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