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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 PaulOntarioon Jan 05, 2021 4:48pm
251 Views
Post# 32227824

GBAR

GBARGBAR is not trading at all, it will be priced at 75 cents upon issuance. Its current valuation with the cash and stock from Yamana is indeed 35 cents currently. 19.2 cents in cash, 28.8 cents in YRI and the remaining 7 cents (20% of each MQR share) assuming valuation of 55 cents per share currently. Undervalued as no news released about Beaufor/McKenzie/Croinor mines. No news about restart as of yet either. Patience required and nothing else as Democratic control of government will open up money printing, lowering value of USD against gold meaning much higher gold prices.
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