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Bullboard - Stock Discussion Forum Monarca Minerals Inc ORAGF


Primary Symbol: V.MMN

Metals & Mining Silver
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... see more

TSXV:MMN - Post Discussion

Monarca Minerals Inc > WARNING: BID Shrinking, interest going down!
View:
Post by Silverichman on Jul 29, 2019 10:50am

WARNING: BID Shrinking, interest going down!

There are less and less people who like MMN. Interest is going down, as the ASK is filling up at 5 cents and the BID is getting very small. I am glad I sold my shares and moved on. IMO San Jose looks very virgin, and Tejamen is a "dead project" as they don't get surface rights.

Furthermore, the company has NO CASH and 400k in conv. debt... wow. I think they will have troble getting any money for financing...
Comment by Bret74 on Jul 30, 2019 1:58pm
You just want to pay very cheap. After that you will push it up again with a new name. Look at him! Thats how he makes money
Monarca Minerals Inc
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