Monarch Mining Corp GBARF

Opportunity among the carnage

[triken]

Approx 1moz in all categoories in 3 sites (excl. Swanson).
Mcap $6m
Re-commissioned 750tpd mill (Value $10m??)
Cheap loan from Quebec $13.5m
Expensive royalties
Stakes held by mid and senior tier miners
In Val D'or

Is the above agreed upon,   I'm buying , trying to bring my average cost down.

[stockpunter]

I totally agree.  I don't see any evidence that the mill is the problem, or even the mine.  It appears there has been some managment screw up.  Presumably they will need to replace a few people and re-finance, but something will come of these assets.  I have doubled down, again, and will contuinue to add (not a big position, though).  

[flashcash]

Yes but run by morons !

[Heartstock]

Yamana took the 2 best projects they had.... and left them with the ones they currently own. Hopefully they can fix them. I am a buyer at 5-6 cents. 

[Smiles62]

I gambled $6K.

[michelville9]

GBAR devra forer et se faire un inventaire de minerai a haute teneur, le traiter pour se faire du capital pour payer au moins ses frais. Ou prendre ce minerai, possiblement sur Beaufor. Derniere chance pour le capitaine

[Smiles62]

01 qui vend, srement un insider. On l'a mis la porte, et il vend ses parts qui lui ont t donnes??

[Smiles62]

Bin oui, cache le vrai volume, via plateformes alternatives.

[Smiles66]

Il vend encore, c'est BN et TD qui ramassent ce 300K @ 0.05

[Smiles62]

One lot out at 0.06, the other 100K is now at 0.065, and re bidding at 0.055

[Smiles62]

Out. Re bidding at 0.06