Marathon Gold Corp T.MOZ

I'll spin this positively for you....

[metalhead666]

Come the end of this year or mid next the FED will have orchestrated the biggest economic collapse in history. 300 TRILLION in global debt and they're raising rates faster than any time in history all while the global economy is headed south.  The crash will be epic.

What this means for MOZ and other gold plays is simple.....When the food riots break out, when the unemployment lines reach around the block, when companies and banks start folding...they will fold too.

This is nothing new. The FED is a serial bubble blower and this is the greatest bubble in everything of all time. The playbook is crystal clear.....blow bubble, bubble bursts, inflate an even greater bubble

Within a year they will be slashing rates and restarting QE ....the mother of QE....gold will soar unimpeded.  $2000 $3000 or more will make this cost announcement insignificant

A construction decision has been made....the start of the best part of the Lasonde Curve

Financing won't be easy but this mine is going to be built. 

If you're impatient then hit the door....if you can see the playbook, you know the future. MOZ and similar high quality mining plays will be printing money faster than the FED. The impatient will bolt, those with vision will slowly and methodically take advantage of the impatient

[AlwaysLong683]

metal, I think the economy will go into recession, but I don't think the kind of catastrophe you are describing will occur. The FED already did "the mother of all QE" from 2007 to 2015 (started by the U.S. financial crisis), and a smaller QE in 2020-21 (triggered by COVID). Both resulted in a brief market shock / collapse followed by a huge run-up in both stocks and the economy in

[metalhead666]

Yes, there are 2 best entries on a project...the discovery stage as you mention and the build stage. Every boom bust cycle the FED has perpetrated has been greater than the previous one.  With all the debt in the system this bust will be the biggest and the response the greatest.  It's the only thing they know how to do.  Maybe there isn't another Lehman out there but there

[Ridgeback]

Agree with Metalhead. Look at the inflation rate we see now in our everyday lives. Look at our governments they are spending monies on something out of control going down the toilet.  As I said before and so does Metalhead have the opinion that $2000-$3000 gold is in the cards and the feds can't keep interests rates going up while inflation is flying high unheard of. Familys will suffer

[FeartheReaper]

I appreciate the analyst updates and other information you post, Ridge. I don't think inflation is has not been running anywhere near the level to justify a 60% rise in costs in less than 18 months. The bottom line here, as I see it, is that MOZ management has blundered badly in their cost estimates (then or now) and in developing their plan to maximize shareholder value in the current

[Inthepeg]

Based on the set back with EA process in Oct 21 & now interesting costs by 60% does anyone really think current management can build this mine? All analysts agree about MOZ being a premium M&A target. Bring on the buyers please.

[Inthepeg]

that's under estimating costs by 60%

[Ridgeback]

Wish List A Buyout. Bottom line it is world events, Bad Government.  

[theCurse]

Yes - totally agree with a buyout.  the only thing that will save me another 3 years of wishing i had unloaded what was left at 2.50. This has nothing to do with bad government.  Marathon didn't dot their i's and cross their t's or assumed they didn't have to go a bit further with the EA process.  if gold had of gone higher during that delay, it would have been

[theCurse]

Explorers always have to financed themselves to death to get that first mine going.  Miners do not.  apart from all the other reasons they are not qualified to become miners. tC

[AlwaysLong683]

Agreed, thus my preference for explorers over companies that start the PEA / PFS process, as at that point they are usually fixin to build a mine themselves. Even if they get all permits, first nations agreements, etc. and start the actual mine build, too many things can go wrong, and it takes at least a couple of years from the first shovel in the ground to first pour, not to mention delays can

[metalhead666]

Over 90% of "explorers" go bust....projects that are permitted almost always make it to production.

[theCurse]

go away - you think you are so much more than you are. tC

[AlwaysLong683]

Couid be, but I suspect many of the exploration-stage juniors that go bust do so because they never produce assay results that are impressive enough to make it worthwhile for large investors to continue to sink more money into the company via more equity raises, so the company is starved to death. That's why I won't take a position in a company until they produce assay results that dazzle