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Bullboard - Stock Discussion Forum
Monarch Mining Corp
GBARF
Metals & Mining
Gold
Monarch Mining Corporation is a Canada-based is a gold mining company. The Company owns three projects, such as the Beaufor, McKenzie Break, and Swanson projects. It holds a 100% interest in the Beaufor Mine, which is on care and maintenance. The property consists of two mining leases, a mining concession and approximately 23 mining claims covering an area of 5.9 square kilometers (km2). The...
McKenzie Break property covers 7,848 hectares (78.5 km) and is located 20 kilometers north of the Beacon Mill and 10 kilometers (km) south of the town of Barraute, Quebec. The Swanson property consists of a mining lease plus a total of 129 claims covering an area of 5,211 ha. The property lies 65 km northeast of Val-d'Or and just 50 km north of Monarch's wholly owned 750 tpd Beacon mill. The Company owns 14,316 hectares of mining assets in the prolific Abitibi mining camp that hosts a combined measured and indicated gold resource of 478,982 ounces and a combined inferred resource of 383,393 ounces.
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Bullboard (GREY:GBARF)
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(2)
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Justing
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Comment by
Justing
on Sep 26, 2022 8:41pm
RE:so..
The mill has been sitting for a million years. Of course it would fail but no one knows if they can fix it. By the way Jean way Jean is talking it appears he's afraid.
(40)
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stockpunter
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Post by
stockpunter
on Sep 26, 2022 1:27pm
so..
about 1 million oz gold, 17 million market cap = $17 per oz. GBAR is trading like a exploration company with little prospect of ever going into prodcution. Great oportunity to buy if you
...more
(0)
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PressRelease
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Post by
PressRelease
on Sep 26, 2022 7:35am
New Press Release - Monarch Files Technical Report for Its Croinor Gold Project
The Croinor Gold technical report shows an estimated Measured and Indicated mineral resource of 903,600 tonnes at an average grade of 6.47 g/t Au for a total of 187,900 ounces of gold, and an estimated Inferred mineral resource of 200,100 tonnes at an average grade of 6.19 g/t Au for a total of...
read article.
(40)
•••
stockpunter
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Comment by
stockpunter
on Sep 16, 2022 12:55pm
RE:RE:news
They have been mining the ore at Beaufor on and off for decades. I don't see how it could present any surprise. I bought small amounts of gbar in the last months. I have doubled
...more
(0)
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PressRelease
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Post by
PressRelease
on Sep 13, 2022 7:35am
New Press Release - Monarch Reports 5.69 g/t Au Over 9.69 m (31.8 ft) at McKenzie Break
Monarch reports initial gold assays from its ongoing 2022 McKenzie Break drilling program. Hole MK-22-326A intersects an impressive 5.69 g/t Au over 9.69 m near surface.Other notable high-grade, near-surface intersections include 35.15 g/t Au over 0.95 m (MK-22-327), 16.50 g/t Au over 0.78 m ...
read article.
(10)
•••
michelville9
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Comment by
michelville9
on Sep 10, 2022 8:14pm
RE:RE:news
D' ou viens ton information concernant le moulin.les roches sont dures si c' est du granite. mais pas l' or. Que eux-tu dire par 2 freres ?
(2)
•••
Justing
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Comment by
Justing
on Sep 09, 2022 12:13am
RE:news
It's both bro. Their grades are not as good as they thought and the F-ing mill is eating the gold and having a hard time crushing. Problems Like this may be perminent. Rebuilding sections of the
...more
(0)
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PressRelease
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Post by
PressRelease
on Sep 08, 2022 7:35am
New Press Release - Monarch Reports 7.83 g/t Au Over 8.82 m (28.9 ft) Within a Wider Zone of 0.99 g/t Au Over 237.82 m (780.3 ft) at Swanson
Monarch reports both high-grade and widespread gold assays in a fourth set of results from its 2021-2022 Swanson drilling program.Hole SW-22-022 intersected an impressive 7.83 g/t Au over 8.82 m within a much wider zone of 0.99 g/t Au over 237.82 m.Other notable high-grade intersections include...
read article.
(40)
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stockpunter
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Post by
stockpunter
on Sep 07, 2022 12:12pm
news
I find the news from GBAR confusing. Read one way, I think they mean the problem is getting high grade from the mine to the mill. ( as well as lower grade stockpile than expect). The expression:
...more
(2)
•••
Justing
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Comment by
Justing
on Sep 03, 2022 3:09pm
RE:Looks like an
What is?
(39)
•••
flashcash
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Post by
flashcash
on Sep 02, 2022 3:11am
Looks like an
over reaction but a surprise none the less !
(2)
•••
Justing
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Comment by
Justing
on Sep 02, 2022 12:44am
RE:RE:RE:RE:Monarch Mining “Slows Down” Operations At Beaufor Mine Due T
Guess I'll have to sell my gtr. That's what I'm gonna do. Jean you jackass. You own a lemon mill!!!
(22)
•••
geosan0
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Comment by
geosan0
on Sep 01, 2022 6:05pm
RE:RE:RE:Monarch Mining “Slows Down” Operations At Beaufor Mine Due T
Thanks flashcash for that post because I was not familiar with the pure gold story so spent the last hr catching up. Sure sounds like the same story about to repeat itself here. The only
...more
(39)
•••
flashcash
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Comment by
flashcash
on Sep 01, 2022 3:22pm
RE:RE:Monarch Mining “Slows Down” Operations At Beaufor Mine Due T
Sounds like another pure gold....
(2)
•••
Justing
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Comment by
Justing
on Sep 01, 2022 2:30pm
RE:Monarch Mining “Slows Down” Operations At Beaufor Mine Due T
Yeah so the renovation costs waaaay more than they expected and it looks like it's not working so they probably are going to be fighting with the mill for years. Butnthebworst part is Jean was
...more
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