Marathon Gold Corp T.MOZ

Globe article

[Ridgeback]

Globe says Marathon Gold seen checking all the boxes

Marathon Gold Corp (C:MOZ)
Shares Issued 214,307,686
Last Close 5/21/2021 $3.13
Friday May 21 2021 - In the News

The Globe and Mail reports in its Friday, May 21, edition that Desjardins Securities analyst John Sclodnick rates Marathon Gold ($3.08) "buy" in new coverage.

The Globe's David Leeder writes in the Eye On Equities column that Mr. Sclodnick set a share target of $4.06. Mr. Sclodnick says in a note: "Marathon Gold is a developer stock which checks all the boxes that investors look for -- it has nearly five million ounces of resources at relatively high grades for an open pit, which should translate into strong margins once it is in production.

Moreover, it is in a safe operating jurisdiction and is well-advanced in the permitting process, with a feasibility-level study and demonstrated resource growth potential beyond that. All this makes for a compelling takeout target, and if it is acquired for the average price paid per ounce of recent Canadian projects, this would require a takeout premium of 37 per cent vs Friday's May 14 closing price of $1.53." The Globe reported on Sept. 26, 2020, that CIBC World Markets analyst Alex Hunchak had begun coverage of junior gold developer Marathon Gold with an "outperformer" rating. He set a $4 share target. The shares could then be had for $2.12.
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What I found shocking last week was Newfound gold who have one analyst covering them with a $4.00 share price. Comparing MOZ and Skeena who have provided tehnical information 43-101 reports NFG has only stunning drill results, and not even clsoe to what MOZ and SKE have and their share price is over $10.00 up from $2.00. Somethng is out of whack? I would be long gone if I were holding that investment but good luck to them!

[95Bearcat]

Hey Ridge, I bought NFG a couple weeks ago. I was late to the party because of the same reservations you mentioned. Doing some research, they have a very astounding discovery there with some famous and connected people involved. The main discovery Keats, has many very high grade, long interval intersections that are open pittable. The last news release was 80 feet of five ounces of gold per tonne.

[Ridgeback]

Bearcat. Will get back to you. What I do see are the original investors, promotors which have now changed to reflect a preferred crew.  I don't see value in a company with no credible documented info. Great drills, So what? Canaccord has $4.25 on this Co. No one else?  If I can I will inbox you but I am away for a day or so on another project.