RE:Long Term Resistance at $0.40 is behind usMQR being backed by Alamos, Anico, Yamana and Rob McEwan is huge. Wasamac is on the fast track to be put into production as it is part of Quebec pilot project to accelerate mine permit process. With gold price increasing higher and higher, it makes it way easier to get better terms on financing Wasamac. So much pending news to come for MQR:
1. Drilling results from McKenize, Swanson, Beaufor
2. Adding more high grade gold resources to Beaufor from 43K metre drilling program over next few months before restarting Beaufor. Potential of $20M + annual cash flow from Beacfor alone.
3. Updates on progress of Wasamac - partnerships, Glencore tecnical feasibility for Capex, etc.
4. Camflo data compilation results to access untapped potential - recall Camflo is 6km from Malartic which is like a stone throw away
5. Pending partnership on Croinor to have more drilling down on rest of 150 sq km property to increase resources. Currently 100K ounce gold on only 5 sq ft drilling. This is the reason Rob McEwan invested in MQR.