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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 onetimeron Jun 17, 2018 11:54am
123 Views
Post# 28183111

RE:Would Monarques

RE:Would Monarques I don't think it would be a great fit. They are in rough shape, just fired their CEO, Have a proxy fight on there hands, lawsuits. they just announced a corporate redirection after they redid the estimate of their main resource after drilling and it did not expand it. They are looking to sell assets and they would be at bargain prices. if they had a near surface ,open pit property to mine quickly at dirt cheap, it could be possible.
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