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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 Timster61on Nov 06, 2020 9:53am
152 Views
Post# 31850749

RE:Not a Deal until closed

RE:Not a Deal until closedAnd more importantly, Spinco becomes worth much more as Gold price increases - we are now valuing it at 50MM including the 14MM in cash which only values the properties and mill at 36MM - that is super cheap - Spinco could be worth double by the time the deal closes - I will be investing my winnings into Spinco as the return potential is higher than Monarch itself
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