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Bullboard - Stock Discussion Forum 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... see more

TSX:MOZ - Post Discussion

Marathon Gold Corp > Even Pierre Lassonde.......
View:
Post by BGraham2 on May 16, 2021 7:58am

Even Pierre Lassonde.......

............ doesn't get it entirely right all the time.

Listen to this interview with PL on Feb 23, 2021.

https://kingworldnews.com/pierre-lassonde-broadcast-interview-available-now-2-32-2021/

IN the interview PL calls the gold bottom at about 1770 - 1780 usd which is where gold was trading at the time of the interview.

In fact, gold fell further and by early march, 2021 had hit 1673. On march 30, gold put in a double bottom , closely mimicking the early march close VERY closely.

This 1673 was in fact the bottom for gold with PL being about 2 weeks to1 month and about 100 usd too early in his call. But we'll forgive him that ,eh?

See the Lassonde call and the subsequent low on this chart - a pic is worth a thousand words!

https://invst.ly/utsli

BG
Comment by Sacks7 on May 16, 2021 9:20pm
Sounds to me like u got it wrong and sold
Comment by BGraham2 on May 16, 2021 10:08pm
I am out of MOZ - if thats what you meant. But still watching with interest. The post was intended to confirm what i believe is a turning point in gold - certainly not to dis PL - hope thats not how it came across. Bg
Comment by BGraham2 on May 16, 2021 10:36pm
I mean dang!! Wish i could call the bottom of a market within a fraction of a percent and 20 days or so. PL - he da man my son!! Bg
Comment by Sacks7 on May 17, 2021 7:46am
That's the spirit
Comment by Ridgeback on May 17, 2021 8:09am
We can all listen to the experts and their opinions, experts and analysts are more like a school of fish or birds that turn on as dime as soon as a preditor is in site. They do make predictions we all like or dislike to hear just as some of us may do. Me included. My view is that Marathon has proven and will improve their resource past 5 million ozs. It's a fact that NFLD is in need of ...more  
Comment by brianjames on May 17, 2021 11:24am
You sold out of MOZ BGraham2?  What? When? Why?  You're one of the best posters on the board........why did you leave us??? lol I'm holding out for $3.50 to $4.00. and at that point may only sell half of what I own. MOZ passed all my previous milestones.......and I think $3.50 to $4.00 is an easy target in the not too distant future. Good luck Brother!!!!!  BJ
Comment by BGraham2 on May 17, 2021 11:39am
Yes - sold at 2.95 - 3.00 on the last upleg - but got too smarty pants on my buyback expectations!  But dont cry for me Argentina, er, I mean BJ. LOL I am a true-blue  NL'er so MOZ is bigger than just a personal investment (as RB reminds the board now and then). Put most of the MOZ proceeds into Yamana at mid 5 dollar range. BJ my son, fasten yer seat belt cause we aint seen ...more  
Comment by Sacks45 on May 17, 2021 12:30pm
You can't ride the subway till the end of the line simply because u have a ticket. You always best get out at your stop
Comment by theCurse on May 17, 2021 1:03pm
I like that. tC
Comment by Ridgeback on May 17, 2021 1:55pm
I like that approach. Unfortunatly I over booked my tickets during the startup so I'm in for the ride to that final destination. That's if I don't keel over before the conductor kicks me off to the bone pile.
Comment by BGraham2 on May 17, 2021 2:47pm
Thats a good strategy too RB, i think. Good profit taking likely dead ahead next few weeks / months tho - where would moz trade on 2500 usd gold , i wonder? Dang, i think we is gonna find out - hope you profit bigly from that. Trumps great achievement - got bigly into the vernacular! LOLOL, BG
Comment by Sacks45 on May 17, 2021 3:01pm
RB u and me the same. I sid sispose of 40% around 2.70 mark in order to derisk. The rest will ride till the end
Comment by 95Bearcat on May 17, 2021 8:28pm
Last week I sold enough shares at $2.67 to round up a bid for NFG. So, as usual, as soon as I sold, MOZ goes up significantly. The last time I sold it is sold, it was 10k shares at 2.60 when I sold on news and of course it promptly went to $2.80. So I thought I triggered this run up lol with my little 3000 share sale.. I still have the majority of my investment in MOZ but NFG is an interesting ...more  
Comment by brianjames on May 17, 2021 11:22pm
95Bearcat please sell more......lol BJ
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