Monarca Minerals Inc V.MMN

Alternate Symbol(s): ORAGF

Metals & Mining Silver

Monarca Minerals Inc. is a Canada-based mineral exploration company. The Company is focused on the acquisition and development of silver and base metal properties in Mexico. The Company holds interests in three mineral projects, which include Tejamen, San Lucas, and San Jose. The Company’s Tejamen property is located approximately 130 km northwest of Durango, the capital of the State of Durango and consists of approximately 23 mineral concessions covering approximately 1,685 hectares. The San Lucas Property is located 86 km north of the city of Durango and accessed via a paved highway, consists of approximately eight mineral concessions covering 79.6 hectares. The San Jose Property is located in Chihuahua, Mexico near the United States border, approximately 125 kilometers (km) west of El Paso, Texas and Juarez, Chihuahua, Mexico. The Property is also located 52 km northwest of the underground Bismark Mine operated by Grupo Penoles.

TSXV:MMN - Post by User

Monarca Minerals Inc

Bullboard Posts

Post by Silverichmanon Apr 03, 2018 1:48pm

286 Views

Post# 27822198

Silver might rise this year

Let's see what the situation with Tejamen is. If Tejamen goes forward, this is a nice 10-bagger this year, if silver can get up also. This is a lottery ticket, but sure it is one of the best ones in the silver sector. Huge leverage - low outstanding share number. I have seen this stock behave violently - to the upside - and also to the downside. But as we are already at a low - and haven't heard news within the last months, this is the perfect moment to get in IMO.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario