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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

Monarch Gold Corporation > Can't Have it Both Ways
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Post by factRbest on Apr 15, 2018 8:50am

Can't Have it Both Ways

So we have a claim that Wesamac will be mined profitably at a grade of 2.5g/ton.

We all know that beaufor is being mined at a grade of 6-7g/ton and is losing money.

Either Marc is bull$itting us in telling us that mesamac will be mined (profitably) or Marc is completely mismanaging Beaufor/camflo.

Which one is it Marc??????????????????????????????
Comment by GOLDbugCEO on Apr 15, 2018 7:18pm
You see factRbest is not the best name for you.... The facts are that a bulk mining operation (100-200m wide) is much more efficient and profitable due to the size of mining stopes ( less dillution) than that of a smaller veins mine. (3-4m wide) But if your name would mean something to you, you would take numbers from the Young and Davidson mine from Alamos Gold or even the Goldex Mine from Agnico ...more  
Comment by factRbest on Apr 15, 2018 9:31pm
GOLDbugCEO - (4/15/2018 7:18:59 PM) RE:Can't Have it Both Ways You see factRbest is not the best name for you.... The facts are that a bulk mining operation (100-200m wide) is much more efficient and profitable due to the size of mining stopes ( less dillution) than that of a smaller veins mine. (3-4m wide) But if your name would mean something to you, you would take numbers from the Young ...more