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Bullboard - Stock Discussion Forum Monarch Gold Corporation T.MQR

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 Nov 14, 2020 6:56pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Spinco is actual a bargain

42,500 metre drill program on Beaufor is huge. Monarch only reported I think less than 10% of what has been drilled already so lots of drill results  still pending. IMO, they will be able to ...more  
Comment by Optionalon Nov 14, 2020 5:44pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Spinco is actual a bargain

The more I ponder this deal, the more I think I like it. They're hitting Beaufor hard with this drill campaign, from which we'll have results well before the deal closes. Does anyone have a ...more  
Comment by locomocoon Nov 14, 2020 12:26am

RE:New to gold, first post

So multiply your 50K shares by this: C$0.192 in cash per share from Yamana; 0.0376 of a Yamana share (a value of C$0.288 based on the volume weighted average price of the Yamana shares on ...more  
Post by Montrepaulon Nov 13, 2020 10:15pm

New to gold, first post

Thank you locomoco and all the regulars for all your great insights on Monarch Gold. I read them everyday. I have seen all your calculations regarding the Yamana deal and they are very informative. I ...more  
Comment by greendayyyyon Nov 13, 2020 2:16pm

RE:RE:RE:RE:RE:RE:RE:RE:Spinco is actual a bargain

Amid gold price whipsaw, M&A heats up in the mining space   David Erfle Friday November 13, 2020 09:00 Kitco Commentaries | Opinions ...more  
Comment by Wantonfueyon Nov 13, 2020 10:18am

RE:RE:RE:RE:RE:RE:RE:Spinco is actual a bargain

You are not alone in your vision of the future.  Just go back through Monarch's PR's about Beaufor and the rest of the assets left in spin co.  More value there than the pps is ...more  
Comment by locomocoon Nov 13, 2020 9:05am

RE:RE:RE:RE:RE:RE:Spinco is actual a bargain

IMO, I doubt the issue price for Monarch Mining would be substantially higher than what the stated price of 75 cents is, unless there is a slew of great news about Beaufor and McKenzie, which the CEO ...more  
Post by locomocoon Nov 12, 2020 8:22pm

Monarch Gold Reports Its First Quarter Results

Monarch Gold Reports Its First Quarter Results  Montreal, Quebec, Canada, November 12, 2020 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCQX: MRQRF ...more  
Post by Wantonfueyon Nov 11, 2020 3:06pm

Arb it up...only 3 month hold for 10-15% return...

amazing people are passing this up but they must have some real winners to put money into.  Must not have any confidence in the spin co to sell at such a discount to the deal value.  I'm ...more  
Comment by rideitouton Nov 11, 2020 12:47pm

RE:RE:RE:RE:RE:Spinco is actual a bargain

Thanks locomoco for your insight. I am of the same thought process at the moment. Beaufor has some great potential from what I was reading and gathering intel on. What are your thoughts on the Spinco ...more  
Comment by locomocoon Nov 11, 2020 11:25am

RE:RE:RE:RE:Spinco is actual a bargain

@rideitout, you should "ride it out" and wait until deal closes. I am waiting for the deal to close and then sell all my Yamana shares to buy more Spinco. IMO, by this time next year when ...more  
Comment by sledigon Nov 10, 2020 3:46pm

RE:RE:RE:RE:Spinco is actual a bargain

I would think most would hold especially if you think holding precious metals going forward is a good thing. Me I will probably hold maybe buy a bit more if it creeps back towards .50. Gl
Comment by rideitouton Nov 10, 2020 3:19pm

RE:RE:RE:Spinco is actual a bargain

Thanks sledig. I am still on the fence on whether I sell my currently held MQR shares or let it ride thru the deal. Hmmm....still have to research. Any idea as to the concenus for the most part MQR ...more  
Comment by sledigon Nov 10, 2020 3:00pm

RE:RE:Spinco is actual a bargain

Well if you do the math I  figure 63 million shares at .75 cents per share = market cap of 47.25 million. Correct me if I'm wrong.
Comment by rideitouton Nov 10, 2020 2:46pm

RE:Spinco is actual a bargain

What will the stock price and share count of the SPINCO be estimated at? Thanks