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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 > What will this week bring us?
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Post by rideitout on Jun 28, 2020 11:29am

What will this week bring us?

Perhaps news on drilling results of Mckenzie Break and new resource forcasts? Perhaps something on either of the 2 mills? Not sure, but something should be coming soon, that's all I suspect, IMO. Either way, patience is required as the story MQR story unfolds.
With the POG heading to new highs, any positive news will continue to push the SP beyond the 40's easily, IMO. 
Just remember, we are already sitting on ober 2M oz and there is still so much more to assess. With 2 major gold companies involved in our holdings, (if not 3), something is going to happen soon, IMO.
Comment by locomoco on Jun 29, 2020 7:28am
Gold price climbing. In 2008 gold started climbing and major gold miner's stock started soaring as well. Retail investors bought them up and started buying junior miners too because the majors were getting expensive. I recall seeing many providing 10 X return in 2 years for juniors. Not sure if this is happening yet again but Monarch has great fundamentals with advanced projects, huge near ...more  
Comment by cookster9 on Jun 29, 2020 10:05am
This post has been removed in accordance with Community Policy
Comment by cookster9 on Jun 30, 2020 10:49am
This post has been removed in accordance with Community Policy
Comment by locomoco on Jun 30, 2020 11:56am
I highly doubt MQR share price will be this low by end of year. I expect it to at least double IMO. So much news to come with drill results and progress on goal to restart Beaufor as well as potential for Camflo based on data compilation.