E.Sprott is a major shareholder of Monarca Minerals I usually trade only options and funds, but this share is my favorite. My only mining/exploration share.
I like the chance we got here. The resource is proven, only the inhabitants of Tejamen have to be convinced. All other companies with such a resource are rated five to ten times higher.
Monarca Minerals has excellent areas and is completely undervalued.
Is someone else here that also likes this company because of the chance?
I think the risk is small at this moment. I bought to 0,035 and we are now at 0,045.
Just because of the silver price we could see $0,06+ in some days.
But thats just what i think.
Don't buy it, if you have no time.
Don't do it, if you don't like surprises.
If that stock is bullshi... Why was Sprott paying for it years ago?
So, because of that i believe in it.