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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 > New to Stockhouse
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Post by Seahawk001 on Jul 23, 2020 10:45pm

New to Stockhouse

I've read many a stories over the years on this site but a glitch in the recover password kept me from actually being able to join so I made a new email and here I am lol
Anyways I picked up a few shares in MQR and I'm in for the long haul,it  really seems like a nice sleeper with great potential. 
i used to follow/play oil and gas and switched over to the mining sector since there's been no shortage of interest in so many different plays and creating quite the buzz
long story short Go MQR Go Hawks
Comment by goldstocks73 on Jul 24, 2020 1:12am
This post has been removed in accordance with Community Policy
Comment by bingostar on Jul 24, 2020 1:14pm
Seahawk, MQR is a great pick and the reason i believe in this company is the management , Lacoste/Seguin are proficient managers with great skills in M&A and the capacity to create value with their properties . I also like Yamana +6% today , YRI invested in Monarch at 0.22$ , great call.
Comment by Seahawk001 on Jul 24, 2020 7:36pm
Yes I've owned Yamana around the $4 range and got bored with it but I'm definitely learning to have more patience lol  I was in Air Canada for under $3 a few years ago and got bored with that, cost me $500,000 not to stick with it :/  Slow and steady wins the race :) good luck to you Bingostar 
Comment by Timster61 on Jul 24, 2020 8:23pm
MQR can get boring but it may not be far from parabolic SP appreciation. I've owned it for years and think it is by far the most undervalued micro/junior. Compare it to Marathon Gold which is also in exploration phase with a MKT Cap of 500MM with less gold than MQR. A few more serious announcements could have people taking notice, (although maybe advertising on BNN might not be a bad idea).
Comment by Seahawk001 on Jul 24, 2020 11:05pm
Timster im no expert but would would be considered average as far as shares traded per day to be considered relatively noticed?  I usually don't consider buying anything unless there's 500,000 or more traded on avg or has atleast seen that kind of volume  MQR usually has around a million? Or is this just increased recently?  I watched it for a few days after reading ...more  
Comment by Timster61 on Jul 26, 2020 3:07pm
Seahawk, I am also a Seahawks/Coach Pete fan! Saw they made a trade for a top rated safety albeit for 2 round 1 picks. Hoping they are contenders again! In regard to MQR volume it has been increasing - some light days are 600-700K and some days 3MM shares trade. I think the whole sector accelerates as Bay St has to pay for their Forest Hill homes and Muskoka cottages and gold miners are the top ...more  
Comment by triken on Jul 25, 2020 6:20am
Marathon has a bit more gold than Monarch but I agree with your implied comment that MQR is a much better investment at this time. MQR will come through probably sooner than we think, will be peeling off some MOZ for MQR.
Comment by locomoco on Jul 25, 2020 9:56am
IMO, Monarch is still way undervalued and should be at least $1. I think it will get there by end of this year. Wasamac is open at depth and has potential for more ounces. Once Beaufor restarts it can generate close to $20M free cash flow. This is significant and will provide capital for progressing Wasamac to production by 2023. Croinor has mine permits already and can go into production quickly ...more  
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