Monarch Mining Corp GBARF

news

[stockpunter]

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:

The Beacon mill operations will not be impacted.

would support this interpretation.

But the G and M bit says it is the mill that is malfunctioning.

Anyone got additional facts?

[Justing]

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 mill is just too expensive and would take 10 years. Right now Jean is got the pressure on him. Maybe he will pull through though. He's been through some close called in the end he came out on top

[michelville9]

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 ?

[stockpunter]

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 down today and will continue with monthly purchases. When they solve the production problems and POG reverses course, I think this will work out ok.  I hope!