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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

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Post by arh0070 on May 09, 2023 12:14pm

Gbar

Have been in and out of gbar for years .The current value is around 10 million canadian which is ridiculously cheap .the one hole reported today is probably worth more than the entire company .one would think with the rising POG they would be able to restart the mine .Bought a few today  .
Comment by stockpunter on May 09, 2023 1:23pm
I am accumulating also, on the assumption GBAR eventually re-opens the mine..  Exploration helps, but take a look at this: https://www.kitco.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in-the-Ground.html
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