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Marathon Gold Corp 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

Post by AlwaysLong683on Dec 02, 2023 1:42am
170 Views
Post# 35764844

Gold and Silver

Gold and Silver
Shows the gold price from 1973 to present.
The big run-up in the price of gold took place between 2002 and 2011.
 
 
Shows the silver price from 2004 to present.
Like gold, a big run-up took place during the same time period.
 
 
 
Excerpts from the above article:
 
For the whole of the 20th century, the average gold-silver ratio was 47:1. 
 
In the 21st century, the ratio has ranged mainly between the levels of 50:1 and 70:1, breaking above that point in 2018 with a peak of 104.98:1 in 2020. 
 
The lowest level for the ratio was 35:1 in 2011....
 
The highest the gold-silver ratio has been in recent history was in April of 2020, following the onset of the COVID-19 pandemic, when the price of gold outpaced silver by more than 125:1.
 
The long-run average gold/silver ratio is around 65:1 since the 1970s when the gold standard was abandoned....
 
 
If we assume a gold price of roughly $2,000.00 and a silver price of around $25.00, the current gold to silver ratio would be 80:1 which, if you're using the time period from 1973 or the 21st century to present as a guide, would imply that silver is currently somewhat underpriced relative to gold and may represent a better value at this time.

 
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