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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 > 1650 an ounce
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Post by wreckhouse on Jan 11, 2022 6:32pm

1650 an ounce

UBS expects the pricee of gold to sink to 1650 an ounce by the end of this year ----- Goldman is expecting 4 rate hikes this year so its a good bet they may be right !  But for me I want 1940 dollar an ounce Easter Eggs
Comment by Ridgeback on Jan 12, 2022 9:22am
Lots of predictions perhaps just too soon to know where Au/Ag is heading until we get into the next 3 months of events. Inflation is running hard and even the suggestions of small interest rate increases won't in my view slow inflation down. As for MOZ $1500-$1700 US is good to let them handle the inflation factors. If that holds and permits are granted may make us all happy campers!
Comment by theCurse on Jan 12, 2022 11:58am
If you've been in this long enough, you know that mid-long term predictions are useless as far as accuracy.  It's always "too soon" to know. "the concensus thinking about future prices" does affect todays share price but way to many unknowns as far as factors affecting POG.  They are useless as far as accuracy.  I almost suggest a contrarian view all the ...more  
Comment by FeartheReaper on Jan 12, 2022 12:38pm
TheCurse knows. This is wisdom. I was looking back and realized that we've gone nowhere on the shareprice in the last year. A full year. Kicking myself for not getting out sooner, but milestones seem always to be just over the next horizon. Let's get it done. The best thing about a buyout is a definitive ending. I like definitive endings. And yes, I know, death is a definitive ending. As ...more  
Comment by bufordpusser on Jan 12, 2022 3:54pm
these drill results weren't cherry picked out of a stack of press releases. they are simply the last drill resuslts posted in a news release for one of the open pits on the property. VL-21-1083 intersected 7.77 grams per tonne gold over eight metres including 28.68 g/t Au over one metre; VL-21-1088 intersected 83.07 g/t over one metre, and 22.13 g/t Au over one metre, and 2.27 g/t Au ...more  
Comment by Ridgeback on Jan 14, 2022 8:45am
Curse wrote I was sure I'd be all out of this in 2021 instead of 2/3 out in my personal accounts.  At least the tax man is also displeased with that not happening.  at least there is that.  good to spread it over 3 years instead of two.   If i hold a single share of MOZ by the end of 2022....i'll have myself committed.  somebody buy this outfit out.  so ...more  
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