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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 > should be trading closer to 0.70
View:
Post by rideitout on Aug 05, 2020 9:29am

should be trading closer to 0.70

IMO, we should be seeing higher SP values based on the dynamics of what we have in the ground and above the ground with the 2 mills at the current POG. 
With the heavy trading volumes we have been seeing, we should be at least above $0.60 today IMO.
Comment by tjd28 on Aug 05, 2020 10:49am
They need to get some brokerage sponsorship or come out with some spectacular news!  Again, not enough people are following this story.  
Comment by Timster61 on Aug 05, 2020 5:41pm
Management needs to get more vocal and do a tour of Bay St. I added more today but agree that the knowledge of this Gold Stock is not wide spread. No one I speak to that are gold stock knowledgeable know a thing about MQR. I assume they will do a raise soon - likely around a dollar - that would bring more visibility - that's the issue with a pure Quebecoise management team - they don't ...more  
Comment by locomoco on Aug 05, 2020 6:40pm
Agreed. Monarch needs to pitch all the upside and tell a compelling story to Bay St. They have a lot going for them. IMO, Monarch is way undervalued at the moment. But come same time next year, I highly doubt the share price will not have at least be at 5 X where it is today.
Comment by locomoco on Aug 05, 2020 11:28am
100%! Slow and stead though. Monarch will appreciate quickly by end of year. Patience will be greatly rewarded. This is an investment not a day trade or short term IMO.
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