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Monarca Minerals Inc ORAGF


Primary Symbol: V.MMN

Monarca Minerals Inc. is a Canada-based company, which is engaged in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. The Company’s projects include Tejamen, San Lucas, and San Jose. The San Jose Property is located in Chihuahua, Mexico near the United States border, approximately 125 kilometers (km) west of El Paso, Texas and Juarez, Chihuahua, Mexico. The property is also located over 52 km northwest of the underground Bismark Mine operated by Grupo Penoles. The Tejamen is located 130 km northwest of Durango, the capital of the State of Durango, and consists of 23 mineral concessions covering approximately 1,685 hectares. The San Lucas Property is located 86 km north of the city of Durango and accessed via a paved highway, consists of approximately eight mineral concessions covering 79.6 hectares. The San Lucas project consists of a series of northeast trending mineralized shear zones in volcanic and sedimentary rocks.


TSXV:MMN - Post by User

Post by daniel6000on Jun 25, 2019 11:01pm
105 Views
Post# 29863122

Just Solid Foundational Development

Just Solid Foundational Development

Look, lets be clear. The disclaimer is there, as with all investments. Every investment will carry its degree of risk. Don’t bet the farm but don’t let fear scare you on this one. The management at the helm would not have gone through what they have in the past seven years unless they knew the value of what they had. Its been a brutal time for silver investments but they have been able to keep the stock listed when a great many went away. Through vote they rebranded and updated our board/direction. They developed an in depth, informative new website. Better structured the shares. Acquired San Jose at great value. They secured another highly accredited and accomplished director who who would not have signed on without strong belief in the companies prospects.

Anybody who would actually take the time and interest to try and talk down a stock just for the sake of it. Well, why would they even be on here? I won’t address the pumpers and dumpers beyond this email. There is value in this company. It is long term value and that is why I’m invested. It’s in our better interest to ride out this long term bear in the precious metals the best way we can. Keeping things vaulted like we have is for the best so just take this time to accumulate at bargain prices. Look, in 2016 we hit a peak of .10 cents but that was without the consolidation and without San Jose. That peak now shows on the charts as .50 cents. A five times consolidated difference. Back then, we were willing to purchase at a price of .50 cents that we now see fallen to .05 cents. Twice down from the the 5 to 1 consolidation. If you reconsolidate or pretend the consolidation did not happen then a ten times drop from the .10 cents peak would mean we are sitting at .01 cent. Don’t give away the farm. There is locked up value just waiting for the tide to turn and when it does you are going to regret not taking this opportunity. Lets hold these prices and accumulate. If we have a repeat of 2016, then we can easily go back to .25 cents and maybe even .50 cents. Then, from there, who knows if the metal prices keep climbing this time. But for now, this is not the time to be expecting great gains. No, this company has been perfectly positioned and timed for serious development and for the inevitable upturn in the metals(which we may be on the cusp of). There are majors that will be coveting our resource. We know what we have but for now there is no fireworks, just solid foundational development. Keep a sound mind and hold tough.

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