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.

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Monarch Gold Corporation

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Post by locomocoon Jul 11, 2020 10:37pm

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Post# 31256682

Great interview on Monarch back in April 2017

More upside for Monarch since April 2017 with Wasamac but Croinor still remains a huge potentail for multiple million ounces of gold. Restart of Beaufor next year to get $20M a year in profit with gold going over $2K by then. Use that money to fund Wasamac with additional financing. Get Wasamac going with 140K ounces per year that will generate over $100 cash flow per year and explore the hell out of Croinor and produce from it as mining permits in place already. IMO, Monarch can become a billion dollar company in 2-3 years.

https://www.youtube.com/watch?v=01gLnSuzawc

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