Marathon Gold Corp T.MOZ

Gold hits $2000 Sweet....

[metalhead666]

Remember...the feasibility study was done with $1500 gold as the base case. Here we are $500 higher. That's 33% higher. Even if the cost of the mine is up 20% the financials for MOZ are even better than they were.  Imagine $2500 or $3000 gold. Multiply the difference between $1500 and $2500...a $1000 times yearly production of 175,000 ounces per year....it's an extra $175 MILLION right to the bottom line vs. the original feasibility study. MOZ would be pushing $300 million in profit at those prices. Even if there are 300 million shares outstanding that's $1 per share in earnings....put a 10x multiple on that and you have a 5x bagger US.  

Going to be a windfall too for I-80 gold which aims to be the second largest producer in Nevada with a goal of 400,000 ounces per year.

I'm encouraged.

[metalhead666]

Or look at it another way...a $20 move in gold times 5 million ounces in the ground and MOZ is worth $100 Million more today than it was on Thursday. 

[prospector2014]

Yet, MOZ's price is down and Techinals say SELL! It seems MOZ has internal problems whereby the investing community is not soid on MOZ being able to deliver!

[metalhead666]

There's no such thing as any viable "technicals"....all t/a is voodoo nonsense.  This is the easiest mine to build that I've ever invested in. When the CEO says "plain vanilla" it is. There is nothing complicated, nothing out of the ordinary, entirely simple process and the math works very well.  People...retail...love to sell when things are down and buy when

[Ridgeback]

I don't see any big runs for the Exit signs. Out of 113 + large holders including long time investor shareholder BCI with 21 million shares I see no reason not to add on dips. The potential for a takeover exists and no question or doubts a mine will be operational. Unofficial list below excludes smaller companies with less than 1 million shares. Institution Name Shares Held (% Change)