Marathon Gold Corp T.MOZ

Where is the bottom?

[Mustlovedogs01]

Relentless downward pressure on MOZ from $3.33 and still persists.  Is .73 the bottom to be tested again?  Stock has now gone thru 2 support levels today, .92 and .90.  Will see if those areas are alllowed to be recovered by CIBC and ANON?  Foes's of MOZ, I have no doubt.  jmo glta

[metalhead666]

No such thing as "support levels" or any other t/a voodoo.  There are people like you who are disappointed at not receiving instant gratification so they dump, take the tax loss while they can and shake their fist at the company.   A smart person would evaluate MOZ from today based on current information not the past but the future. 

[stockwatcher7]

This post has been removed in accordance with Community Policy

[metalhead666]

They don't ring bells at bottoms or tops.  Don't care what the crooked banksters do on a daily basis. At $1800 gold...todays price....MOZ has a 26% IRR and a $800 million NPV.  It's trading at a significant discount to its peers and at a minimum should trend towards 1x NPV as we get further down the road.  At $1900 or $2000 gold these numbers rip higher. Where is gold

[NLMoose]

Only if Marathon Gold stops behaving like NL Hydro's Muskrat Falls project with persistent delays. In other words, first pour was suppose to happen by 2024, but now its delayed to 2025, making Valentine Lake, the "Muskrat Falls of the Gold World".  

[metalhead666]

3 month delay....so what?  Does that change anything?