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... see more

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GREY:GBARF - Post Discussion

Monarch Mining Corp > MELT is up. YEAH

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Post by Justing on Jul 07, 2022 2:20am

MELT is up. YEAH

I bought more. Every week boys!!! Jean is DA MAN. The mill has been operating for 6weeks, the mines are double the mineral resource that was estimated revenue is coming. Other mining company's are blowing zillions of extra dollars in diesel cost. It's smooth sailing now!!!

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Comment by stockpunter on Jul 07, 2022 3:32pm

Looking interesting. Please direct me to company info on diesel vs electric power use. Thanks

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Comment by Justing on Jul 08, 2022 3:19pm

No one is talking about that here.

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Comment by geosan0 on Jul 08, 2022 3:46pm

Phew, that diesel vs electric power use comment made me scratch my head as to what I may have missed. Good to know it wasn't me, lol!!! On another note, 3 different insiders picked up shares since the announcement of the mill start-up. The amounts purchased are not material but I think symbolically it is a good sign. The next data point will be the cost associated with the ...more

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