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Bullboard - Stock Discussion Forum 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 Discussion

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Post by arh0070 on Nov 24, 2017 12:43pm

Mqr

What a load of rubbish .they raised money to fund exploration and take advantage of canadian tax credits .I am sure one of the reasons the stock price declined is that existing shareholders were selling so they could buy the exploration shares at half the price .
The deal to go from an exploration to a production company with revenues is a big deal .they just need time to execute and make it more efficient .
The price of many small golds is depressed right now because most of the hot money is going in to the pilbara gold rush and bitcoin .POG has done nothing in a year .We are also getting into tax loss selling season .
so just be patient and wait for the company to execute .If you cant be patient ,sell your shares and move on .arh
Comment by factRbest on Nov 24, 2017 4:24pm
arh0070 - (11/24/2017 12:43:04 PM) Mqr What a load of rubbish .they raised money to fund exploration and take advantage of canadian tax credits .I am sure one of the reasons the stock price declined is that existing shareholders were selling so they could buy the exploration shares at half the price . The deal to go from an exploration to a production company with revenues is a big deal .they ...more