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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 > Nice jump to 40 cents at the end of trading today.
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Post by locomoco on Jul 02, 2020 4:51pm

Nice jump to 40 cents at the end of trading today.

Can't wait until next week! With pending news we should see mid 40s at least.
Comment by HenoftheWoods on Jul 02, 2020 6:35pm
Hi locomoco! First, let me thank you for your informative posts here. I spent the last few days dd'ing this company by reading everything here for the last year, and found them very helpful. Today, I initiated a position in Monarch. I think the story is compelling. In this respect, I noted that you had mentioned Monarch's relation with SPOT, Goldpsot Discovery, the company they hired to ...more  
Comment by Optional on Jul 02, 2020 7:43pm
Funny Hen, I left the SPOT BB, and came over here to MQR, and low and behold, you're here.
Comment by locomoco on Jul 02, 2020 10:28pm
Thanks Hen, I'm not that familiar with SPOT. I would imagine their business model can be easily copied so not sure what differientiates them. I think if machine learning and AI gains traction in the mining industry there will be more companies piling in to offer the same services as SPOT and SPOT will gain as an early pioneer but longer term not so sure. 
Comment by HenoftheWoods on Jul 03, 2020 2:04pm
I'm not a goldbug per se... my only long term gold stock has been b2gold which had done well for me over the years. I prefer to speculate on long term potential rather than cyclical swings in commodities. That's what brought me to Monarch. The long term potential is definitely there, with several exciting projects in their infancy. I like that they have many shots on goal. And ...more