Monarch Gold Corporation T.MQR

Sprott Capital Partners: MQR Initiating with buy and C1.65$/

[martinpq]

The information is available on Bloomberg Terminal. (ANR Function)

[locomoco]

Nice! Wouldn't be surprised MQR share price hits that target in Q1 2021 when Beaufor restarts and more progress on Wasamac, McKenzie, Swanson and Camflo. IMO, MQR is still way undervalued with over 3 million ounces of gold and potential for way more ounces from further drilling of Wasamac which is open in all directions and Croinor.

[martinpq]

Loco, you can read the report below: https://sprott.com/what-we-do/resource-financing/capital-partners/research/#

[wooffer9]

All  I  Get  Is The  Australian  Stock  Page  Re  Sprott. U  Can  Get  Into  It  By  Using  Sprott  Capital  Partners  Search. I  Did.  Informative. Thx

[monsieurminou]

https://sprott.com/media/3230/200817-sector-scp-valdor.pdf

[locomoco]

Monarch: potential bidding war for 2Moz, stock is just too cheap We think Monarch is too cheap. There could be a two-way (or more) bidding war for Wasamac’s 2Moz, 25-30koz pa from Beaufor while bonanza grades at McKenzie Break potentially underpin the entire market cap in cash. In neighbouring camps we count >$1.5bn market cap from a few juniors with no mineable gold. As enthusiasm wanes, we

[locomoco]

From Sprott Captial Report on Monarch Catalysts 2H20-21: Beaufor and McKenzie Break drill results (SCPe ‘market grabbing’ grades likely) 4Q20/1Q21: Results of Ausenco study at Kidd Operations 1H21: Beaufor restarts 2H21: Wasamac permitted 1Q22: Wasamac build start 2Q24: Wasamac first pour IMO, Monarch shareprice will hit over $1 easily with even the announcement of start of

[locomoco]

Thanks martinpq!