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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 Sep 08, 2020 6:30pm
241 Views
Post# 31524383

RE:surprising today

RE:surprising todayMonarch share price has been consolidating around 50 cents for some time now. Once catalyst comes the share price will rocket up. IMO, with pending drill results from Beaufor, announcement of Beaufor mine restart and results from technical feasibility study in Kidd Creek option to process ore from Wasamac will be that catalyst in next 1-2 months. Looking for shareprice to appreciate significantly by next summer. Just have to be patient. With over 3 million in ounces, cash and equivalent of $37 million and board member from Yamana, it's a no brainer that Monarch is a great investment for those that are long.
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