Bullboard - Stock Discussion Forum Monarch Mining Corp GBARF

Metals & Mining Gold

Monarch Mining Corporation is a Canada-based is a gold mining company. The Company owns three projects, such as the Beaufor, McKenzie Break, and Swanson projects. It holds a 100% interest in the Beaufor Mine, which is on care and maintenance. The property consists of two mining leases, a mining concession and approximately 23 mining claims covering an area of 5.9 square kilometers (km2). The... see more

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Monarch Mining Corp > Gbar

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Post by arh0070 on Jan 29, 2021 10:31am

Gbar

I decided to sell the Yamaha shares in the transaction and buy more gbar .

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Comment by locomoco on Jan 29, 2021 2:59pm

Same. I think GBAR will appreciate faster than YRI given the small float compared to Yamana's 1B shares. Looking for GBAR to be 3X by end of 2021.

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Comment by stockwrestler on Jan 29, 2021 7:18pm

bashers are emarrassed by the 80c closing price. although beware that a general market crash could bring the stock down. I think I'll wait awhile before adding any more. glta

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Comment by stockwrestler on Jan 29, 2021 7:25pm

Meanwhile, take a look at Abcourt Mines (ABI); I understand they will begin mining at a 2nd location this year, and have a good size silver deposit as well as gold. At the present 14c. per share, it looks like a great value. glta

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Monarch Mining Corp