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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

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Post by wooffer9 on Jul 15, 2020 10:43am

POTENTIAL

OUTSIDE  OF  TOO  MANY  SHARES  OUTSTANDING,  I  DON`T  SEE  ANY  NEGATIVE  BARRIERS  TO  THIS  STOCK`S  RISE !!.. TO  THE  MOON  ALICE !!  THANK  U.  WOOFFER
Comment by locomoco on Jul 15, 2020 12:53pm
MQR shares outstanding can be better but not too bad around 271 million. Wallbridge Mining is at 720 millions shares outstanding. IMO MQR is still undervalued considering the advanced stage projects close to near term production and owning 2 mills.
Comment by Timster61 on Jul 16, 2020 11:10am
Shares outstanding are all relative - MKT Cap is 110MM with 3MM Oz's in a great jurisdiction - even this stage at development the SP should be a dollar minimum