Bullboard - Stock Discussion Forum Monarch Gold Corporation T.MQR

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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.

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TSX:MQR - Post Discussion

Monarch Gold Corporation > Easily $2 / share

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Post by manlobster on Jul 28, 2020 5:12pm

Easily $2 / share

If POG goes to 2,000 and stays there, nevermind the calls for 3,000, this is a 2.00 stock easily.
I've been following for several years and am impressed with mgmt execution. Glad to have been able to build up a position over the past few months

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Comment by locomoco on Jul 28, 2020 7:10pm

100%! At $2000 POG, Wasamac will be over $928M CAD after tax NPV which is stellar. This alone will make Monarch well over a billion dollar company. Wasamac on fast track process for mining permit and expect to be producing by 2023. By the POG expected to be at $3,000 which will mean after tax NPV of Wasamac will be around $1.3B CAD. https://www.linkedin.com/posts/mathieu-s%C3%A9guin-cfa-30425133 ...more

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Monarch Gold Corporation