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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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(7)
•••
locomoco
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Comment by
locomoco
on Jun 19, 2020 7:37pm
RE:RE:RE:Awesome Day - Up 10%
Once Monarch restarts Beaufor and they are producing 25K ounces a year the stock price should be at least $1 to $1.50. Further positive drill results from McKenzie and progress on Wasamac will propel
...more
(38)
•••
driller1a
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Comment by
driller1a
on Jun 19, 2020 5:47pm
RE:RE:Awesome Day - Up 10%
In this market mqr will reach .44-.45 next week just on uptrend momentum. News is not needed. Positive news will propel it much higher than that.
Debt-Free and Thriving: Mining Company Reports 35% Revenue Growth in Q3 2024
posted Nov 12, 2024 9:00am by
Mandalay Resources Corp.
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"Revenue growth and free cash flow generation reflect our cost controls and prudent capital management while benefitting from high metal prices. As of the end of Q3 our cash balance was a healthy $54.7 million – more than doubling since December 2023 – and we have fully repaid the $20 million outstanding balance on our revolving credit facility, strengthening our liquidity and financial flexibility ...read more
(7)
•••
locomoco
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Comment by
locomoco
on Jun 19, 2020 5:22pm
RE:RE:In 2016
Monarch had roughly 90M shares outstanding around that time in 2016. So run up to 50 cents means pretty much half the market cap it is at today but the projects they had and potential at that time is
...more
(7)
•••
locomoco
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Comment by
locomoco
on Jun 19, 2020 4:46pm
RE:Awesome Day - Up 10%
If drill results come out next week and gold price continues to climb, I think we can hit mid 40s and break the all time high in a few weeks easy.
(16)
•••
kukaman
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Post by
kukaman
on Jun 19, 2020 4:09pm
Wow, nice close. This is only the beginning. Enjoy the ride
folks. At 20 cents and below Monarch was a no-brainer. It is still a steal at current levels imo. Lots of possible upcoming catalysts. Drill results from McKenzie Break are up next...
(7)
•••
locomoco
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Post by
locomoco
on Jun 19, 2020 1:23pm
Higher highs in time for drilling results soon!
Jean March Lacoste, Monarch CEO said drill samples passed to lab few weeks ago for McKenzie and results soon to be available (maybe even next week). He said that Monarch will be spending $1M to do
...more
(137)
•••
TG1960
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Comment by
TG1960
on Jun 19, 2020 1:09pm
RE:MQR.T 0.33 wall gone. On the way to the 40's I think.
L2 is nice to watch.
(15)
•••
rightpicks
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Post by
rightpicks
on Jun 19, 2020 1:06pm
MQR.T 0.33 wall gone. On the way to the 40's I think.
DYODDS
(137)
•••
TG1960
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Comment by
TG1960
on Jun 19, 2020 12:21pm
RE:In 2016
Yes all true but don't forget to note the shares o/s of increased substancially...I'm in at 24,25,26 and holding...may buy more.
(15)
•••
rightpicks
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Post by
rightpicks
on Jun 19, 2020 11:36am
The MQR.T 'Breakout' run should be at 0.4-0.45 I think.
DYODDS
(7)
•••
locomoco
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Post by
locomoco
on Jun 18, 2020 7:13pm
In 2016
In 2016 MQR stock price went from 5 cents to 50 cents in matter of 7 months, a 10 x increase. I think we are in a way better position now than before with higher gold prices, further development of
...more
(7)
•••
locomoco
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Comment by
locomoco
on Jun 18, 2020 6:38pm
RE:RE:RE:Thurs #askMQR Monarch Gold CEO, Jean-Marc Lacoste
I think you mean Thousands and not Millions in ounces.
(7)
•••
locomoco
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Comment by
locomoco
on Jun 18, 2020 4:00pm
RE:Twitter interview
Cannot wait for the results on drill holes from McKenzie Break. The CEO also said aiming for news every week or so.
(83)
•••
RevT79
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Post by
RevT79
on Jun 18, 2020 3:37pm
Twitter interview
Super nice informative interview!! i really enjoy him speaking of them working for shareholder revenue the have sudmited drill core 2 weeks ago from Mackenzie and should be out next weak!!! good
...more
(16)
•••
kukaman
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Comment by
kukaman
on Jun 18, 2020 2:05pm
RE:RE:Thurs #askMQR Monarch Gold CEO, Jean-Marc Lacoste
Link: https://twitter.com/soarfinancial/status/1273660816080826369 Some items I have noted down: Wasamac at $1,700 gold NPV after tax C$ 750 50-60 Million to upgrade at Glencore Beaufor
...more
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