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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

Post by factRbeston Sep 06, 2018 9:00am
109 Views
Post# 28570863

Was

Washttps://www.stockhouse.com/opinion/independent-reports/2018/08/27/rob-mcewen-trade-wars-dollar-and-precious-metals

I read these "experts" ands can't believe they cannot even see what is black and white.
That is, unless there is no sincerity in what they are writing/saying.

TGR: What mining companies are you paying close attention to?

RM: I believe the junior and midtier explorers and developers are going to be the focus of the market. This is where investors will make the largest percentage gains. They have growth in production and resources, whereas, most of the seniors have sold current and future production to pay down their heavy debt loads. So, they have a negative slope on their production profiles where the juniors and the midtiers will have positive growth.

There are a couple of juniors I watch closely. I'm talking my own book though, so I want to caveat emptor:

One, Mawson Resources Ltd. (MAW:TSX; MWSNF:OTCPK; MRY:FSE) is an junior exploration company actively exploring in Finland. It has some very interesting, high-grade gold drill results. Earlier this year, Goldcorp Inc. (G:TSX; GG:NYSE) purchased 12.7% of the company.

Two, Pure Gold Mining Inc. (PGM:TSX.V) is an exploration and development story operating in the prolific the Red Lake district in Ontario, Canada, which is around my old stomping ground with Goldcorp.

Three, Monarques Gold Corp. (TSX-V:MQR) is a small, growing gold producer that has been steadily building its resource and production base in Quebec, Canada. It has been buying growth at attractive prices when few are buying.


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