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Bullboard - Stock Discussion Forum Monarch Gold Corporation T.MQR

Metals & Mining Industrial Metals & Minerals
Monarch Gold Corp is a Canada-based exploration-stage company. It is engaged in the acquisition and exploration of gold mining properties. Its main activities are located in the province of Quebec, Canada. The corporation holds an interest in gold properties including the Beaufor Mine, Camflo Mill, Croinor Property, Beacon Mill, Wasamac, and McKenzie Break among others.

Bullboard (TSX:MQR)

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Comment by locomocoon Aug 31, 2020 8:41am

RE:RE:RE:RE:RE:RE:RE:RE:Wasamac - option utilizing Glencore’s Kidd concentrator

Timster, yeah I feel the same way that if Monarch does not get taken out and continues the stock can be $5 when Wasamac starte producing. However, $1.50 + is not too bad. I am hoping a bit over $2 ...more  
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Discussion
Comment by Timster61on Aug 31, 2020 8:07am

RE:RE:RE:RE:RE:RE:RE:Wasamac - option utilizing Glencore’s Kidd concentrator

Something like that Locomoco - I think the takeout will be 1.50 + which is a bit of a shame because they have the potential to go 5 dollars plus if they keep their assets and operate them
149
Discussion
Comment by locomocoon Aug 30, 2020 11:41pm

RE:RE:RE:RE:RE:RE:Wasamac - option utilizing Glencore’s Kidd concentrator

I think as soon as Wasamac receives mining permit, Monarch will be taken out by most likely Yamana and Agnico. They will continue their joint venture and use Malartic to process Wasamac and focus on ...more  
178
Discussion
Comment by Timster61on Aug 30, 2020 8:18pm

RE:RE:RE:RE:RE:Wasamac - option utilizing Glencore’s Kidd concentrator

Guys it's unlikely Wasamac ever gets to production as MQR will be taken out long before then unless they get huge numbers out of Beaufor or Mackenzie Break and start production with increasing ...more  
177
Discussion
Comment by rideitouton Aug 30, 2020 2:01pm

RE:RE:RE:RE:Wasamac - option utilizing Glencore’s Kidd concentrator

I would agree locomoco, that Malartic IS the better choice, given that Yamana has vested interest into MQR and that MRQ will be able to produce product on a faster timeline, much sooner than the ...more  
164
Discussion
Comment by locomocoon Aug 30, 2020 8:00am

RE:RE:RE:Wasamac - option utilizing Glencore’s Kidd concentrator

Malartic is probably a better choice given Yamana is now invested into Monarch. Glencore Kidd Creek option will mean Monarch has to spend way  more money to upgrade mill at Kidd Creek and will ...more  
174
Discussion
Comment by RevT79on Aug 30, 2020 12:31am

RE:RE:Wasamac - option utilizing Glencore’s Kidd concentrator

Why don't they just use there own mill to process the ore from Wasamac?? the mill is ready and they could start next quarter!! When you think wallbridge toll mining from Fenelon and still make ...more  
154
Discussion
Post by rideitouton Aug 29, 2020 3:01pm

Wasamac - option utilizing Glencore’s Kidd concentrator

See below the link incase anyone missed it from JUNE 22, 2020. Some important dates are defined below. If MQR does not build thier own mine, this option will be utilized, from my understanding ...more  
306
Discussion
Post by kukamanon Aug 29, 2020 10:58am

Wasamac Gold Mine Project - Public Comments Invited

https://www.newswire.ca/news-releases/wasamac-gold-mine-project-public-comments-invited-860402579.html OTTAWA, ON, Aug. 6, 2020 /CNW/ - The Impact Assessment Agency of Canada (the Agency) has ...more  
203
Post by RevT79on Aug 27, 2020 11:29am

Weak hands?

The shacking of the weak hands before the run up! dont let the manipulation take your shares! the fed meeting was really dovish and this smack down on gold is just another manipulation from the Uber ...more  
227
Comment by locomocoon Aug 25, 2020 2:55pm

RE:Another 3 millions $$$&

Will move up once the dust settles and drilling results come out for Beaufor. There is huge upside potential for MQR now with $35M in cash and equivanlent to restart Beaufor and advance Wasamac and ...more  
295
Discussion
Post by RevT79on Aug 25, 2020 1:18pm

Another 3 millions $$$&

Now that's a vote of confidence!!! cant beleive we are not moving up on that!
189
Discussion
Comment by jesse18on Aug 25, 2020 1:17pm

RE:Shorts

There is going to be so much paper out on this thing we are going to get a $.20 premium per share when it final gets taken out. It never fails with executives in mining, would you like money??? sure!! ...more  
184
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