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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 10, 2020 8:21am
224 Views
Post# 31532033

RE:Monarch Gold To Assess Wasamac Property Silver Potential

RE:Monarch Gold To Assess Wasamac Property Silver Potential

Wow, if assessment on Silver proves to be significant it will add to the already high ROI and NPV of Wasamac currently around $1B. 

Yamana also has mines that produce silver and gold so maybe this assessment of silver at Wasamac is influenced by them. IMO, this is building up the momentum to be taken over in the near future as soon as Wasamac receives mine permit next year.

As others have stated, MQR should be around $1 shareprice in the coming months. 

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