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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.


TSX:MQR - Post by User

Comment by Alaffuton Sep 12, 2017 7:39pm
108 Views
Post# 26687680

RE:RE:3MM ounces is the key

RE:RE:3MM ounces is the keyThe sp is going down especially because of the financing at .35. Probably the will go down as low as .30-.27. I'm not worried.

Monarque finance in the past at .60 if i remembers with asset like Croinor only.

Now they have more asset and i think the key is...

Wasamac property1

     

Measured Resources

3,124,500

2.75

276,550

Indicated Resources

12,127,000

2.89

1,125,700

Total Measured & Indicated Resources

15,251,500

2.86

1,402,250

Inferred Resources


With that kind of ressources they will be able to find money.
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