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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 metalhead666on Nov 05, 2023 4:40pm
96 Views
Post# 35718516

RE:One thing to add

RE:One thing to addI don't care about anything other than the viability of and the economics of the project. AISC, size of resource, strip ratio, free cash flow, financing etc.  People can fuss all they want picking up pennies in front of a steamroller but the project remains.  If you buy right none of this noise matters. It doesn't tell you anything, doesn't predict the future and won't help you one way or the other.  You buy a good project at 20% of NPV at the right part of the Lasonde Curve and you do nothing until it gets close to 1x NPV.....no need to over complicate it with stuff that's of no practical value
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