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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 geosan0on Jan 26, 2018 4:23pm
60 Views
Post# 27444176

RE:RE:factRbest - MY LIES addressed below

RE:RE:factRbest - MY LIES addressed belowI'm sorry that you fail to understand my post even though it appeared to be very clear but you should know that the project is located in Canada and therefore what is relevant is the Canadian $ equivalent. So thank you for highlighting what is no longer relevant but FYI the $1,300 US$ gold price which is "almost spot on" was only worth 1,352 CDN$ back when the PEA was released. That same $1,300 US$ gold price is NOW worth $1,650 CDN$. You should put the conclusion in the context of the foreign exchange that existed at the time it was written and not extrapolate it to the foreign exchange that exist TODAY. I can't help you more than that. I'll address your other post separately.
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