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 > How much to invest?

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Comment by JayBankson Oct 24, 2023 1:24pm

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Post# 35698553

RE:How much to invest?

NewfieBullet76 wrote: Would it be crazy to drop $10,000 into this company? No production until 2025.

I think this is an allocation question to your comfort and portfolio size, $10k might be 25% of a portfolio position to some (which would be crazy) and 1% to others (which wouldn't be worth your time at it wouldn't move the needle in your portfolio much)...

I have $12k I recently bought at a price just above current which is about 14% of my TFSA and like 5-6% of my total portfolio...

I don't think others should answer this question for you as it's about your comfort level and confidence in its future.

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