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Monarch Gold Corp – MQR.TO

Discussion in 'Canadian Stocks Message Boards' started by Dan Thunderbolt, Dec 24, 2019.

  1. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    I am very bullish on Monarch if gold stays at around $1,500. This stock has multibagger potential if gold moves up even higher. The current market cap is very low in my opinion.

    http://monarquesgoldfiles.com/documents/files/Corporate-Presentation-PDF-EN.pdf

    Slide 2

    Main focus: Wasamac gold project
    Ø Positive feasibility study (December 3, 2018)
    Ø High return: $522M NPV and 23.6% IRR (all pre-tax)
    Ø Solid output: 142,000 oz/year over 11 years
    Ø Low cost: US$550/oz production cash costs
    Ø Based on US$1,300 gold price

    Continuous value creation
    Ø Acquisition of the Fayolle high-grade gold deposit
    Ø Holds 10.2% stake in Unigold (TSXV: UGD)
    Ø Drilling ongoing on McKenzie Break
    Ø Monetization of non-core assets and royalties

    Solid financial position and financial partners
    Ø Cash and short-term investments: $8.7M1
    Ø Strong asset base with two working mills and six advanced stage gold projects
    Ø Major partners include Alamos Gold, Hecla Mining, Rob McEwen,
    Greg Chamandy, Agnico Eagle Mines and several Quebec funds

    Attractive valuation
    Ø Enterprise value of $16/oz vs peer average of $54/oz
    Ø Market capitalization of ~$55 million
     
  2. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Below is a link to an interesting interview with the CEO of Monarch. According to the CEO (6.50 min in the interview), the two mills Monarch currently owns are worth the same as the current market cap of Monarch - $60 million.

    15th November 2019
    SWISS MINING INSTITUTE
     
  3. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Below is a link to an interview with David Erfle, editor of the Junior Miner Junky newsletter. According to him Monarch could be a 10-Bagger (interview at around 18:40).

    David Erfle Focuses on Developer Optionality Plays for 10-Baggers
     
  4. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    This presentation gives the most comprehensive overview of Monarch’s numerous assets. Restart of Beaufor Mine is targeted for mid-2020 coupled with a drilling program (Potential for ~714,000 new ounces)

    Monarch Gold Corp. Presentation | October, 2019
    Recorded by Red Cloud Financial Services at XPLOR 2019
    10/24/2019

     
  5. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  6. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  7. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Monarch Gold Generates Second Quarter Revenue Of $2.5 Million
    January 28, 2020
    https://www.monarquesgold.com/news-...nerates-second-quarter-revenue-of-2-5-million

    Financial highlights
    • Monarch recovered a total of 2,606 ounces of gold from the cleaning of its Camflo mill.
    • The Corporation posted second quarter revenues of $2.5 million mainly from the sale of 1,383 ounces of gold at an average price of $1,771 (US $1,346) per ounce.
    • As at December 31, 2019, the Corporation had $5.1 million in cash, $3.6 million in short-term investments and 500 ounces of gold in inventory.
    • Monarch currently has a combined measured and indicated resource of 3.2 million ounces of gold with an inferred resource of 1.1 million ounces, including proven and probable reserves of 1.8 million ounces of gold for the Wasamac deposit (see table at the end of the release).

     
  8. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Good buying opportunity here below 20 cents imo.

    Strengthening of the Board of Directors with the appointment of Laurie Gaborit
    https://www.monarquesgold.com/news-...nerates-second-quarter-revenue-of-2-5-million

    Last October, we announced the appointment of Laurie Gaborit to the Corporation’s Board of Directors. Laurie has over 20 years of experience in investor relations and corporate communications, her most recent position being that of Vice President, Investor Relations, with Detour Gold Corporation. As a key member of Detour Gold’s management team, she participated in the company’s initial public offering in 2007 and its transformation from exploration company to intermediate gold producer within a seven-year period, during which time Detour Gold’s market capitalization increased from $120 million to over $3 billion. In addition to her skills, her in-depth knowledge of the financial markets will be of great value to the board as Monarch pursues the development of its gold projects in Quebec (see press release dated October 29, 2019).
     
  9. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  10. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  11. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    In addition to the two mills Monarch owns, Monarch has $5.1 million in cash, $3.6 million in short-term investments and 500 ounces of gold in inventory.

    The current market cap of Monarch is around $47 million. Go figure...
     

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