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 > Lassonde Curve

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Comment by metalhead666on Nov 05, 2023 2:34pm

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Post# 35718440

RE:RE:RE:RE:RE:Lassonde Curve

Exactly. There's no future for companies that suck up all their cash flow to drill more holes or start new projects....Barrick's share price is the same as it was 10 years ago. You have the right mindset...be satisfied to bank your gain when others are chasing it. You'll miss some upside but you'll avoid riding it all the way back down which historically what happens. Greed is good to a point but these are NOT growth industries. They eat their seed corn. You're basically playing against the herd who always get the most excited near the top and panic sell at the bottom. It's a poker game really. Frankly I don't think there's anything worth investing in now but the gold miners do look primed for a sustained move which can sometimes be breath taking.

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Advancing flagship Ishkõday Gold Project in Ontario