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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 kukamanon Apr 30, 2020 8:02am
223 Views
Post# 30970171

The current market cap of Monarch equals the value of the

The current market cap of Monarch equals the value of thetwo mills they own plus cash and short term investments. The way I see it is that at the current share price of MQR you you get the ounces of Gold in the ground for free.

With gold above $1.700 and several advanced projects Monarch seems very cheap. Future looks very bright imo.
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