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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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  2. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Monarch Gold Begins Vast Data Compilation Program At Its Camflo Gold Property, Barrick Gold’s Original Asset
    June 18, 2020
    • Camflo gold property to be included in Monarch’s pipeline of six advanced gold projects totalling 3.2 million ounces of measured and indicated gold resources
    • Property lies on the land of Monarch’s fully permitted Camflo mill
    • Neighbouring properties include the Agnico/Yamana Canadian Malartic joint venture, Quebec’s largest gold producer
    https://www.monarquesgold.com/news-...lo-gold-property-barrick-golds-original-asset
     
  3. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  4. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    This one is setting up nicely for a move above $0.40 with the next positive news.
     
  5. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Looking good here now above $0.40. Next stop is $0.50 with some positive news. Stock still has lots of potential imo.
     
  6. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  7. Dan Thunderbolt

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    Company is moving forward with the flagship project Wasamac...

    Monarch Gold Signs MOU With Ontario Northland For Wasamac
    July 9, 2020
    • The agreement will allow negotiation of a favourable rate for the transportation of ore from the Wasamac gold project to the Kidd concentrator under the MOU with Glencore Canada.
    • The Ontario Northland Railway serves northern Ontario and northern Quebec, running directly past Wasamac to end its route at Rouyn-Noranda, after which the line becomes CN property east of Rouyn-Noranda.
    https://www.monarquesgold.com/news-...-signs-mou-with-ontario-northland-for-wasamac
     
  8. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    :)

    Wasamac dans le top 4 mondial des projets aurifères les plus prometteurs

    Le navire amiral de Monarques devance plus de 3500 projets à travers la planète
    17 juillet 2020

    https://www.lecitoyenrouynlasarre.c...al-des-projets-auriferes-les-plus-prometteurs

    Translation (Google)

    Wasamac among the world's top 4 most promising gold projects
    Monarques flagship ahead of more than 3,500 projects across the planet

    Wasamac, the gold mine project that the Monarques Gold Corporation is developing at Rouyn-Noranda, halfway between the Évain and Arntfield districts, is among the most promising gold projects on the planet.

    This is revealed by a recent analysis by Integra Resources, a junior company based in Vancouver, which wanted to examine the value to investors of its three assets, all located in Idaho.

    To do this, the company proceeded by successive eliminations from a compilation of all mining projects based on the production of precious metals with an estimate of mineral resources. This list contained exactly 3,517 assets around the world. It then removed all projects that had not been subject to a valid economic study in the past five years, reducing the list to just 338 workers.

    By eliminating projects with an expected production over the life of the mine of less than 100,000 ounces of gold per year, Integra Resources subsequently restricted the sample to 77 assets and then lowered it. to 53 items by removing projects with a lifespan of less than 10 years.

    In order to take account of political and economic stability, all projects located outside Canada, the United States, Western Europe, Australia and New Zealand were then removed , reducing the list to only 17 items. Integra Resources also eliminated projects that already belonged to a gold producer with other operating mines, to come up with a list of only 8 projects.

    Finally, the last step of the fiscal year, all projects requiring an initial investment of more than US $ 500 million were rejected. So there were only 4 projects left: DeLamar (Idaho) from Integra Resources, Valentine Lake (Labrador) from Toronto-based Marathon Gold, Back River (Nunavut) from Sabina Gold & Silver from Vancouver and Wasamac from Monarques.
     
  9. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  10. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    This stock will move much higher imo once we receive promising drill results from the Beaufor Mine within the next weeks/months. Depending on the grade Monarch can quickly press the re-start bottom and produce around 20.000 - 40.000 ounces of Gold per year, depending on the grade of ore they will find with the drilling program. When you look at the current low market cap of Monarch you can see the potential.

     
  11. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Monarch Resources (MQR CN) Initiating with BUY rating and C$1.65/sh PT
    17 August 2020
    https://sprott.com/media/3230/200817-sector-scp-valdor.pdf

    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 Beauforwhilebonanza 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 expect a re-rate forthe‘real’ assets of Monarch. Our valuation is based on 0.5xNAV for Wasamac’sC$948m NPV, 0.7xNAV C$40mforBeaufor and C$36m for other assets, with the stock trading at just 0.14xNAV.
     
  12. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    :)

    Monarch Gold is mentioned at 22:10 min

    Gold Stock Investing Roundtable with Pros David Erfle and Brian Leni
    22.09.2020

     

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