Bullboard - Stock Discussion Forum Monarch Gold Corporation T.MQR

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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.

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Monarch Gold Corporation > Would Monarques

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Post by lorang41 on Jun 16, 2018 10:58am

Would Monarques

be interested in acquiring Alexandria Resources ? They are fairly close to the Beacon Mill ? Would it be a good fit ?

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Comment by onetimer on Jun 17, 2018 11:54am

I don't think it would be a great fit. They are in rough shape, just fired their CEO, Have a proxy fight on there hands, lawsuits. they just announced a corporate redirection after they redid the estimate of their main resource after drilling and it did not expand it. They are looking to sell assets and they would be at bargain prices. if they had a near surface ,open pit property to mine ...more

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Comment by goldpoet on Jun 22, 2018 7:58pm

How about Wallbridge?, already custom milling their ore with Monarques...if their bulk sample works out, then the mill will be filled with high grade and WM won't have to build their own. Yin Yang.. Best to all longs, Poet

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Comment by onetimer on Jun 23, 2018 11:01am

quick glance at Wallbridge, $24 million market cap with 400 million outstanding shares and warrants. They only have 39000 ounces PFS. The rest of there value is in Ontario and Jamaica. Don see a fit.

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Monarch Gold Corporation