Monarch Gold Corporation T.MQR

wasamac production make no sense

[bingostar]

Obviously Monarch  is in a cash out mode and wasamac do not differ from the whole strategy , expect a sale of wasamac to yamana or iamgold and a focus on beaufor and other discoveries. The value of the stock could go much higher with the sale strategy than trying to subcontract wasamac with glencore..

[locomoco]

Maybe the shareprice will go up in the shorter term by selling Wasamac but then what? With the price or gold expected to be much higher and some say $3K over a year from now, it would be a bad move to sell Wasamac. Once Monarch has Beaufor drilled, mine life extended they will restart and have profits. At the same time Wasamac will be advancing as well as further drill results from McKenzie and