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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

Post by Montrepaulon Nov 13, 2020 10:15pm
834 Views
Post# 31900392

New to gold, first post

New to gold, first postThank you locomoco and all the regulars for all your great insights on Monarch Gold.
I read them everyday. I have seen all your calculations regarding the Yamana deal and they are very informative. I have also seen the news release with the breakdown. 
Can someone explain to me one more time how the deal will be distributed to Monarch shareholders.
For example if I have 50,000 shares of Monarch. How much cash, Yamana shares, Monarch mining shares, etc. When and how it will be distributed. I plan to hold all of it. However, is Monarch mining expected to pump or sell off? Maybe hard to predict. Will Yamana sell off somewhat?
Again I know I am asking you to repeat.
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