Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Raymond James Ruins It For Marathon Gold
View:
Post by NLMoose on Apr 14, 2022 2:01pm

Raymond James Ruins It For Marathon Gold

Due to Marathon Gold's post cost management and missed production targets, the mining company is paying a price as Raymond James as its Analysts, Brian MacArthur and Craig Stanley, have lowered the target price to $3.25 per share.

The private placements don't help much either.

Let it be a lesson for Marathon Gold to manage their costs more effectively.

Comment by metalhead666 on Apr 14, 2022 3:49pm
Inflation is everywhere and unavoidable.  What you should concentrate on is the prize 2-3 years out. Once the mine is built it will all be about cash flow and at $3000 gold it will be enormous.  There aren't many tier 1 5 million ounce projects on the planet let alone one that is breaking ground this year with sub $1000 AISC even with inflation adding to costs. MOZ could have 300 ...more  
Comment by Ridgeback on Apr 14, 2022 6:38pm
Moose. Clam Down.  Builiding a mine in these times is costly. This is the Best In NFLD. Who chares if the price dips?The long term and Au prices are positive. No one likes to loose on investments, Just look at what Marathon brings to the community and NFLD.  Fanatastic potential and not with out costs. Moose every cent for me is up or down $0000.00+ I can live with it knowing we have a ...more  
Comment by kikker01 on Apr 15, 2022 1:10pm
Its amusing to read how posters always dismiss analysts reports when it goes against their interests. Saw that following the pure gold train wreck. Desjardins, taylor dart both got trashed. Both were right. Instead you are told to believe current set backs dont matter because gold you canr trust management and gold going to 3000, honest.... Ytd gold up 8 % moz down 13%. Market does not like recent ...more  
Comment by metalhead666 on Apr 15, 2022 1:35pm
There's not a single soul who likes dilution but I've never seen a mine yet built without it.  You don't own any gold miner without consideration of the future gold price. We are going to have a global recession or hyper inflation....both roads lead to higher gold and at some point greatly higher gold so that's in my model. Tell me...when all is said and done and MOZ pours its ...more  
Comment by sr500lover on Apr 19, 2022 8:59pm
Dearest Moose There is this thing called inflation.  Perhaps you've heard of it. It's inflation that's taken the cost for a staff geo from about 350 a day when they did the PEA to maybe 500 now (or more).  Inflation is running around 20-25% on most of the things that a mine needs, including the big stuff - crusher, mill, CIL circuit, mine rolling stock.  Cost ...more  
Comment by metalhead666 on Apr 20, 2022 6:43am
There's no way this mine doesn't get built. So what if costs are going up...gold is going up too. The share price isn't going to halt an entire decade worth of work. What it will do however is invite a take over bid