OTCPK:MRQUF - Post by User
Post by
locomocoon Jul 12, 2020 9:25am
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Post# 31257089
MQR will have market cap of $1 billion when Beaufor restarts
MQR will have market cap of $1 billion when Beaufor restarts Wesdome has a market cap of $1.9B from producing almost 60K ounces of gold annually. Similar resources to MQR. IMO, when Beaufor is restarted and produces 25K ounces annually, in addition to progress on Wasamac and other advance stage projects MQR can easily be around $1B market cap. When Wasamac is in production around 2022-2023, MQR market cap will be $2B, IMO. Given where gold prices will sky rocket with the gold bull market just getting started, maybe MQR share price will be a 10 to 15 bagger well before 2022-2023.
Patience will be rewarded.