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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 > Don't know much about geology...
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Post by stockpunter on Apr 26, 2023 2:29pm

Don't know much about geology...

7 months since they announced a shutdown of the mine and a review of operations.  We still have no explanation for the discrepancies between ore grade and production results.  I would think that figuring out where the gold is, and where it is lost, would be sort of key to the whole idea of gold mining.
Comment by michelville9 on Apr 27, 2023 12:07pm
A honest explaination wiill be the good think to do. Now,  many shareholders doubt about a lot of result about the Cie. Reverse the doubt is hard to do.Good result about last drilling will give a hint. Allo, the Cie Will need money soon. What will be the way.
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