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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 > some simple math
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Post by bufordpusser on May 18, 2022 10:16pm

some simple math

102,400 ounces of gold at $2500 Canada dollars will cover the money invested into this project so far. [$256,278,000]. kinross paid 1.8 billion for it's last deposit. It's hard to believe someone isn't willing to pay 4-5$ per share for this deposit.
Comment by AlwaysLong683 on May 19, 2022 12:52am
GBR was smart enough to sell to K instead of trying to build a mine first and GBR shareholders made a really good buck on the deal without having to wait years until the first pour. I think MOZ is making a mistake building a mine, and I'm hoping NFG doesn't make the same mistake and goes the GBR route instead.
Comment by kikker01 on May 19, 2022 11:57am
Words of wisdom.
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