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Bullboard - Stock Discussion Forum Monarch Mining Corp GBARF

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

GREY:GBARF - Post Discussion

Monarch Mining Corp > Just bought an entry position............
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Post by ggrellette on Apr 20, 2023 4:31pm

Just bought an entry position............

here today. I have been aware of this company for a couple of years and now it is at a level that many can build a substantial position. IMHO I believe this company is undervalued. The mine is on maintenance and they are still drilling. This can and should be a 4 bagger from here. This stock was at much higher levels some 2 or 3 years ago. The stock price in the furture could hit 20+ cents. This is just on good drilling and the mine re-opening.
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