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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 > Sell it...
View:
Post by metalhead666 on Nov 11, 2022 7:35am

Sell it...

This is NOT the start of a sustained gold rally.  Stocks soaring, commodities on fire again all reignite inflation and harden the FEDs resolve.  Markets have a long long way to fall yet.  Stocks in general are still grossly overvalued by any historic metric.  There may well be a trade in MOZ with the feasibility study in a few weeks but tax loss selling, a resumption of the bear market, a hardened FED is not going to allow for any sustained move higher in the metals. Not until things get so bad that they're forced to actually "pivot" will we see a real sustainable rally in gold.  I'm out of all miners for the time being.
Comment by Sacks48 on Nov 11, 2022 8:31am
If I sell and things keep going up will you pay the difference? If not then keep your certainty to yourself please
Comment by metalhead666 on Nov 11, 2022 8:45am
Only if you pay me the amount it falls...And I'll post whatever, whenever, wherever I want. Fed Pivot Will Be No Cure For Stock Market's Ills ...stocks may find themselves flipping from the inflation frying-pan into the recessionary fire... FRI NOV 11, AT 8:20 AM   7,43642 Futures Extend Gains As FOMO Spreads After ...more  
Comment by theCurse on Nov 11, 2022 10:29am
as he stomps his feet, leaves the room and slams the door. back on ignore.  serenity now. tC
Comment by metalhead666 on Nov 11, 2022 8:46am
Spoken like a true bagholder. 
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