Monarch Gold Corporation T.MQR

Metals & Mining Industrial Metals & Minerals

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

Monarch Gold Corporation > Monarch could be a 10-Bagger - David Erfle, editor JMJ

<< Previous

Bullboard Posts

Next >>

Comment by kukamanon Dec 31, 2019 12:07am

221 Views

Post# 30504054

RE:Monarch could be a 10-Bagger - David Erfle, editor JMJ

The market cap of Monarch is pretty low imo when considering all the assets Monarch has in its portfolio, e.g. the two mills Monarch owns are worth the same as the current market cap of Monarch of around $60 million. Lots of upside potential if gold stays above $1,500 or higher.

kukaman wrote: Below is a link to an interview with David Erfle, editor of the Junior Miner Junky newsletter. According to him Monarch could be a 10-Bagger (interview at around 18:40).

David Erfle Focuses on Developer Optionality Plays for 10-Baggers
https://www.youtube.com/watch?v=u3oNC-LqwFM