RE:The current market cap of Monarch equals the value of thekukaman wrote: two 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.
Looks like a ton of value here then. There was a time when a hole like the one reported today would have everyone on SH jumping like mad men. Funny hardly anyone noticing this yet. Six more holes to report. Liking the high quality here.