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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

Comment by locomocoon Jul 08, 2020 9:27am
123 Views
Post# 31238366

RE:JV Article: Monarch Gold focused on producing 100-200,000

RE:JV Article: Monarch Gold focused on producing 100-200,000 IMO, lots of upside for Monarch to by 3 to 4 X by the time Beaufor restarts and Wasamac obtains permits year. Restart of Beaufor will provide approx. $20M in profit based on gold prices north of $2K so I imagine MQR shareprice would be around $2-3 at that time. With Wasamac producing share price will rocket to over $5. Hoping for 10 to 20 X return from today's share price. Patience will be greatly rewarded.
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