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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

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Post by Mustlovedogs01 on Apr 19, 2022 2:32pm

$1950

$1950 is a psychological, support/resistance level.  The price was hit and bounced off.  Will this level hold, as the fundamentals have so drastically changed in the world in the last 24 hrs?  Six trading days left.  I don't think it will, but I don't know.  As it relates to MOZ...does the price weakness matter?  Has anything changed that would erase the math of the project to any significance.  Even when mines produce, the constant is the unconstant stablility of the price of the commodity.  Risk/reward...opportunity?...up to each investor.  good luck to all jmo
Comment by metalhead666 on Apr 19, 2022 2:35pm
There's no such thing as magic numbers. 
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