Lol, Derrick, I love your enthusiasm! can't understand why today's NR hasn't been better received. I also can't conceive of reasons for a fed rejection. ergo, price should be up, even if gold is depressed
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Seems like the conf. call is really doing some good. Only down a nickel.
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March 2021 Feasibility Study with Low Initial Capital Cost and High Rate of ReturnAfter-tax 31.5% IRR & C$600 NPV5% at US $1500 Gold, C$305M Capex13 Year Mine Life; 2.05Moz Mineral Reserve; 173k oz/a Years 1 to 9Committed to Project DevelopmentEnvironmental Assessment underwayOngoing Exploration on 20km Mineralized TrendFocus on Sprite Corridor and new Berry Zone
MOZ creates a new 52 weeks low. To MOZ, there is no lowest, only lower.
Bearish
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A nice intra-day spike for MOZ today (Mon) so I don't know why someone voted you down, Keith. DK about SMY though, maybe theirs is yet to come
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Atleast cheaper oil now should help a lot.
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Project will go ahead even if we have seperate from Canada.
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Join Europe leave Canada and get this project and oil going.
K
Search Minerals and Marathon will spike parabolically
Bullish
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If fed not approve Trudeau be out soon and will be approved then.
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Marathon shoul buy oil now n store it
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Time insiders buy you think
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Juniors with pick n shouvel have higher market caps now
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Heard feds going force vax every 9 months...i dont think thats going happen...should have rights
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Long lifespan
Marathon Gold plans to hire about as many people in construction as in operations, and once the mine is up and running, the company anticipates a long lifespan — long enough, according to company executive Tim Williams, for employees consider a permanent move to nearby communities.
"Given the life of our mine, you know, it's up to 17 years now with the construction phase and the cleanup phase — and I expect longer when we come out with more exploration results — but that's a reason to move, If you want a full time job for that kind of period," said Williams.
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“ TORONTO, May 26, 2022 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that a draft Environmental Assessment Report (the “EA Report”) has been filed by the Impact Assessment Agency of Canada (“IAAC”) for the Valentine Gold Project (the “Project”). The draft EA Report, and accompanying draft conditions for EA release, will be available for 30 days for public review and comment. At the conclusion of this period, the Minister of Environment and Climate Change Canada (the “Minister”) will be in a position to make a Decision Statement on the acceptability of the Project for development. A positive Decision Statement will mark the completion of the federal EA. A parallel provincial EA concluded successfully on March 17, 2022, with approval of the Project by the Cabinet of the Government of Newfoundland and Labrador (“NL”). ”
Ministry of Climate Change?? Looks like they’ve got a bunch of looney tunes up there. And Canada is a tier 1 jurisdiction? Geez, I’d hate to see the superstitions of the tier 2 and 3s!
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Would they announce project approval at the technical conderence o is that not a llowed
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All need to mobolize and campaign to get Trudeau out if project dont go ahead.
Only down a nickel.
Location
Marathon Gold plans to hire about as many people in construction as in operations, and once the mine is up and running, the company anticipates a long lifespan — long enough, according to company executive Tim Williams, for employees consider a permanent move to nearby communities.
"Given the life of our mine, you know, it's up to 17 years now with the construction phase and the cleanup phase — and I expect longer when we come out with more exploration results — but that's a reason to move, If you want a full time job for that kind of period," said Williams.
TORONTO, May 26, 2022 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that a draft Environmental Assessment Report (the “EA Report”) has been filed by the Impact Assessment Agency of Canada (“IAAC”) for the Valentine Gold Project (the “Project”). The draft EA Report, and accompanying draft conditions for EA release, will be available for 30 days for public review and comment. At the conclusion of this period, the Minister of Environment and Climate Change Canada (the “Minister”) will be in a position to make a Decision Statement on the acceptability of the Project for development. A positive Decision Statement will mark the completion of the federal EA. A parallel provincial EA concluded successfully on March 17, 2022, with approval of the Project by the Cabinet of the Government of Newfoundland and Labrador (“NL”). ”
Ministry of Climate Change?? Looks like they’ve got a bunch of looney tunes up there. And Canada is a tier 1 jurisdiction? Geez, I’d hate to see the superstitions of the tier 2 and 3s!
https://ca.finance.yahoo.com/news/marathon-gold-makes-engineering-construction-113000020.html