Marathon Gold Corp 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 > Vote NO…US houses shorted the price to $0.50 ..

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Comment by Ridgebackon Nov 21, 2023 8:08am

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Post# 35745939

RE:RE:RE:RE:RE:RE:RE:Vote NO…US houses shorted the price to $0.50 ..

TooTall

(As far as my take on it the game is not over even if Calibre gets it, who's next in line for a run at the target after Calibre?)

That all depends on how high the price of gold will go...

GOLD IS KING...
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Price of Au is fine where it is anything higher that sticks above $2300 US is additional bonus to the beaten down miners especially those who have low costs like Marathon.

Here's something to think about given the crumbs we have been given. Marathon has been drilling the "Frank Zone" and trenching new areas with results not yet released or perhaps may be released late this year if assay are complted. I can see a lot of Howling OOOooooowww! if thse assays show an additional pit and more positive ground on just how good a deal Cal. got. However longer term I do see upside for our pain. I would have prefered a takover closer to completion of the mill even if it was more dilution. There were enough catalyst to make it happen but Manson appears to have had other plans.

Any white knights out there willing to take on Calibre's sweet deal with Manson?

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