Monarch Gold Corporation T.MQR

Potential of Camflo

[locomoco]

Can't help but wonder what potential lies at Camflo. Not much has been explored on the Camflo site since 1992. It is 5km from Canadian Malartic Mine, which is the largest open pit mine in Canada. What is interesting is Yamana jointly operates Malartic Mine and also has a top exec sitting on Monarch Board of Directors with recent investment into Monarch. IMO, we may hear of active partnership with Yamana on exploring Camflo as well as maybe Croinor. If this happens it maybe a sign of things to come in Monarch eventually being bought by Yamana. Yamana can easily buy Monarch with the continued increase in POG. Yamana can issue stock for Monarch.



 

https://www.northernminer.com/fast-news/partners-at-canadas-biggest-gold-mine-look-to-underground-potential/1003820210/

 

 

https://www.monarquesgold.com/news-releases/monarch-gold-begins-vast-data-compilation-program-at-its-camflo-gold-property-barrick-golds-original-asset

[Timster61]

If Monarch and Yamana announce a partnership I would think shares will jump substantially on that news. It makes sense for both parties.