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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.

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Bullboard (TSX:MQR)

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Post by RevT79on Aug 06, 2020 11:33am

Market dumping

Look like the entire gold miner market is getting dumped this morning some how? could it be one massive orchestrated shorts to make believe investors that there is a gold market sell off? kinda ...more

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Comment by locomocoon Aug 05, 2020 6:40pm

RE:RE:RE:should be trading closer to 0.70

Agreed. Monarch needs to pitch all the upside and tell a compelling story to Bay St. They have a lot going for them. IMO, Monarch is way undervalued at the moment. But come same time next year, I ...more

222

Discussion

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In Q3 2024, Coelacanth started the construction of its planned $80.0 million infrastructure project that includes over 35 kilometers of pipelines and a facility to handle current behind pipe volumes and future expansions. Ultimately the facility will be able to handle approximately 16,000 boe/d of which Coelacanth has approximately 4,400 boe/d tested but shut-in at the 5-19 Two Rivers East pad ...read more

Comment by Timster61on Aug 05, 2020 5:41pm

RE:RE:should be trading closer to 0.70

Management needs to get more vocal and do a tour of Bay St. I added more today but agree that the knowledge of this Gold Stock is not wide spread. No one I speak to that are gold stock knowledgeable ...more

158

Discussion

Post by locomocoon Aug 05, 2020 4:47pm

Going over 60 cents this week?

Great volume today. Maybe hit all time new high by end of this week. Lots of upside potential. - Over 3.5 million ounces of gold - Beaufor restart around Q1 2021 producing 25K ounces of gold at over ...more

183

Comment by locomocoon Aug 05, 2020 11:28am

RE:should be trading closer to 0.70

100%! Slow and stead though. Monarch will appreciate quickly by end of year. Patience will be greatly rewarded. This is an investment not a day trade or short term IMO.

124

Discussion

Comment by tjd28on Aug 05, 2020 10:49am

RE:should be trading closer to 0.70

They need to get some brokerage sponsorship or come out with some spectacular news! Again, not enough people are following this story.

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Discussion

Post by rideitouton Aug 05, 2020 9:29am

should be trading closer to 0.70

IMO, we should be seeing higher SP values based on the dynamics of what we have in the ground and above the ground with the 2 mills at the current POG. With the heavy trading volumes we have ...more

186

Discussion

Post by locomocoon Aug 05, 2020 7:23am

Monarch Gold Commences Trading On The OTCQX Market

Monarch Gold Commences Trading On The OTCQX Market Montreal, Quebec, Canada, August 5, 2020 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCQX: MRQRF) (FRANKFURT ...more

156

Comment by locomocoon Aug 04, 2020 11:44pm

RE:Will move faster once it crosses a dollar

Hope so Timster61! Also another catalyst of MQR sp going to $1 will be announcement of restart of Beaufor Mine expected in Q1 2021. MQR can very well be around $2-$3 per share with Beaufor producing ...more

154

Discussion

Post by Timster61on Aug 04, 2020 8:01pm

Will move faster once it crosses a dollar

Now that gold has crossed 2K as expected by many all good stocks are going to start to move. The only thing holding MQR back is lack of liquidity which is hampered by the low price. Once it crosses a ...more

209

Discussion

Comment by locomocoon Aug 04, 2020 8:57am

RE:The Abitibi Greenstone Belt: One of the World’s Richest Gold

And Monarch owns over 350 sq km in Abitibi. Within this huge land package, Monarch owns 100% of Croinor which is 150 sq km and of which only 3% has been explored, yielding so far over 200K ounces of ...more

147

Discussion

Post by locomocoon Aug 04, 2020 7:17am

Monarch’s Corporate Presentation

Monarch is still way undervalued. IMO, shareprice will appreciate close to $1 by end of year. - Pre-tax NPV of Wasamac is approx. $1.2B CAD at $1,900 USD POG - Enterprise value per ounce of gold ...more

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