Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by arh0070on Dec 03, 2017 2:55pm
94 Views
Post# 27080980

Mqr

Mqr Well everyone must make thier own investment decisions based upon their information and financial situation .Two people for some reason seem to have started posting on this B.B. presumably to try and persuade people to sell thier shares .
With respect to the insider sale ,its just one sale and likely represents less than 10% of his holdings .It is quite common for this to happen as compensation is mainly share based in these small mining companies until they get cash flow .the amount involved is less than 100,000$ canadian .Just the month before he was awarded a bunch of 5 year options. In my opinion monarques which Is supported by Rob McEwen is transforming itself from an explorer to a producing company .A lot of small golds are oversold and many that. I track are at annual lows .Monarques has several really good exploration properties in advanced stages of exploration with more results due soon ,they have a couple of mills and are producing gold .It will no doubt take a few months to get things running smoothly but in my opinion these low prices are a great oppurtunity to buy a company based in quebec that is transforming itself .Doesnt seem to have had any trouble raising money for exploration etc so a lot of sophisticated investors believe in Monarques .Do your own due diligence .often you make money in this space by being a contrarian .It appears that the pog  is in a upward trajectory so this will have enormous impact on all these oversold quality small canadian miners . 
<< Previous
Bullboard Posts
Next >>