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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Monarch Gold Corporation > GBAR

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Post by PaulOntario on Jan 05, 2021 4:48pm

GBAR

GBAR is not trading at all, it will be priced at 75 cents upon issuance. Its current valuation with the cash and stock from Yamana is indeed 35 cents currently. 19.2 cents in cash, 28.8 cents in YRI and the remaining 7 cents (20% of each MQR share) assuming valuation of 55 cents per share currently. Undervalued as no news released about Beaufor/McKenzie/Croinor mines. No news about restart as of yet either. Patience required and nothing else as Democratic control of government will open up money printing, lowering value of USD against gold meaning much higher gold prices.

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Comment by givemeabreak1 on Jan 13, 2021 9:51pm

Paul GBAR estimated value is .75 it is priced what the market says it is worth. I suspect you will see it quickly down in the .50 - .60 range unless gold is over $2000.

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