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Old 12-24-2019, 05:22 PM   Nav to Top  #1
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Default Monarch Gold Corp – MQR.TO

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/docume...ion-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
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Old 12-27-2019, 10:11 AM   Nav to Top  #2
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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
https://www.youtube.com/watch?v=TsNH52L_to8
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Old 12-30-2019, 02:24 PM   Nav to Top  #3
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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
https://www.youtube.com/watch?v=u3oNC-LqwFM
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Old 01-08-2020, 09:17 AM   Nav to Top  #4
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Monarch Gold Intersects 26.78 g/t Au Over 2.10 Metres at McKenzie Break, Including 56.51 g/t Au Over 0.5 Metres
News provided by
Monarch Gold Corporation
Jan 08, 2020, 08:15 ET
https://www.prnewswire.com/news-rele...300983393.html
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Old 01-24-2020, 06:44 PM   Nav to Top  #5
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New Company Presentation
January 2020
http://monarquesgoldfiles.com/docume...ion-PDF-EN.pdf
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Old 01-26-2020, 06:50 AM   Nav to Top  #6
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Lets see how the results of the second part of the drilling program at McKenzie Break will be.

"We are looking forward to seeing the results for the second portion of the program, which tested the potential of the high-grade lens more to the north and at depth, and of the three holes added to test the area around hole MK-19-241. We believe that the results from this program could increase the underground resource at McKenzie Break."
https://www.prnewswire.com/news-rele...300983393.html

The secomd quarter results should also be ok imo.

"In terms of our operations, we have temporarily suspended production activities at the Beaufor mine and the Camflo mill and are continuing to clean the Camflo mill to recover the gold that has been locked up in the circuits and equipment for several years. The clean-up, which started in the first quarter and is expected to finish in the second quarter, will further strengthen our financial position. It will also allow us to upgrade the equipment at the Camflo plant when needed in the future."
https://www.prnewswire.com/news-rele...300955818.html
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Old 01-29-2020, 04:28 PM   Nav to Top  #7
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Monarch Gold Generates Second Quarter Revenue Of $2.5 Million
January 28, 2020
https://www.monarquesgold.com/news-r...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).
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Old 01-31-2020, 11:37 AM   Nav to Top  #8
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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-r...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)
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Old 02-01-2020, 03:26 AM   Nav to Top  #9
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The two mills Monarch owns are valued at over $50 million.
This is more than the current market cap of Monarch. Only a matter of time imo until this one moves higher...

Company Presentation (see slide 3 on the value of the two mills)
January 2020
http://monarquesgoldfiles.com/docume...ion-PDF-EN.pdf
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Old 02-01-2020, 03:41 AM   Nav to Top  #10
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This article is a bit older but provides a good overview of the numerous advanced projects Monarch owns. The current market is way to low imo considering that Monarch owns two functional mills and several advanced projects.

https://www.northernminer.com/news/m...ec/1003804951/
Monarch Gold targets multiple projects
March 18, 2019 Volume 105 Number 7 April 1 – 14, 2019
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