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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 JayBankson Nov 05, 2023 2:21pm
82 Views
Post# 35718435

RE:RE:RE:RE:Lassonde Curve

RE:RE:RE:RE:Lassonde Curve

I don't really have rules and am much newer into gold mines than others, but I share similar thoughts on last paragraph: I'm not aware of many solo hole makers that return to shareholders.


If MOZ goes this solo, and mines the whole hole out, it's unlikely they give out a dividend or buy many shares back when mature, to continue as a company, they will need the cash generated to find a new project and go through the process again, hopefully with less capital raises needed. For that reason I fully agree with Metal, I'm out when I get the result I'm content with.

Of course MOZ could break that mould and buy anouther project that is close to or in production and become a Barrick, Agnico ect... but it's extreamly, highly, unlikely. I'm planning my exit on the M&A or when the SP gets close to some sorta NAV of our hole. The M&A idea tho will create more work for me as if it's a share offer I'll have to assess if I like to take my position into the larger company, tho on the surface I'm not too interest

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