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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 Sep 13, 2019 7:49pm
142 Views
Post# 30125887

Takeover?....Lets not get ahead of ourselves.....

Takeover?....Lets not get ahead of ourselves.....

In time it could be a joint venture or a take over, but for now, we should not worry about that. Lets build up the company first. That is going to take time, money and resolve. Big money interests are very shrewd. They don’t just throw money at a story. They need concrete facts first. Which is what I believe this company is going to build. I know that many have been frustrated hanging on through the long bear market but lets face it, that is part of this business. As long as we don’t sell off our shares, we will see a bit higher share price to allow the funding of the required drilling and required work to firm up a meaningful and established resource base. The anomalies are there and the region is good. As long as we don’t treat it like a pie in the sky, get rich quick lottery gamble then we can build a very positive future. Monarca shows good branding and I see that those in charge are serious. So as long as we are serious then Monarca can become a solid invesment play. As long as we do what is necessary.

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