Marvel Discovery adds Athabasca uranium to gold & REE portfolio

Marvel Discovery adds Athabasca uranium to gold & REE portfolio

In 2021, Marvel Discovery Corp. ( TSX-V.MARV , OTCQX: MARVF , Forum ) grew from a top-20 (gold) claims holder in the province of Newfoundland & Labrador to the eighth largest. With slightly over 100k hectares (net to Marvel) , management is within 10k hectares of ranking #6 on the Island.

Readers may recall how hot Newfoundland was in the first half of 2020. In previous articles I discussed the benefits, blue-sky optionality & relative value of Marvel’s Newfoundland portfolio.

There’s no question, {in my opinion} that Marvel’s Newfoundland gold prospects alone are worth more than the Company’s entire enterprise value {market cap + debt – cash} of ~C$7.5M. Yet, the story keeps getting better. Click to enlarge with a new tab Promising high-grade uranium project added to Marvel’s gold + REE projects

On November 22nd, CEO Karim Rayani announced that Marvel was taking over an option to acquire a 100% […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet