whytestocks
5 years ago
News: $ORAGF Monarca Minerals - Shares for Debt Transaction and Stock Option Grant
Toronto, Ontario--(Newsfile Corp. - July 28, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") , announces that it is proposing to settle an aggregate of approximately $380,600.00 owing to certain officers and directors, and service providers to the Company through the...
In case you are interested ORAGF - Monarca Minerals - Shares for Debt Transaction and Stock Option Grant
AmericaTheBrave
6 years ago
NEWS OUT! https://web.tmxmoney.com/article.php?newsid=5221995546240243&qm_symbol=MMN
Great IP-survey-results, ladies and gentlemen. Property bought vor a "nickel" and seems to be worth "dollars", so yes, we are in the game.
Stock price showing 0.065 CAD (TMX), level 2 looking very slim to the upside, BID-side strong. German exchanges also strong.
We seem to be at a good start for the year.
I want to see them drilling San José soon, could be a very nice hit over there!
AmericaTheBrave
8 years ago
As the new Company Boss, Mr. Hogel, is a german, the main power for the stock movement seems to come from Germany. On the german exchanges we are seeing buy orders accumulating to several million shares within the last days. Don't forget that the Metals are recovering and strong upwinds are beginning to show in the small spec miners. My guess: Monarca Minerals (and Silver Spruce Resources) will see huge stock price increases within the next 12 months.
I have seen that the Bid to Ask ratio on the TMX is now at over 35, meaning that a squeeze to the upside is imminent. If the right news hit, be prepared to see this ten-bagger unfold its potential.
AmericaTheBrave
8 years ago
I like what I see. I was sceptic at first, but this smells like something big coming. Out of dozens of small spec miners, this one is a top pick, as you get the fine ounces in the ground at cent value based on the current price per share.
News might be imminent, as at the moment the stock is not pumped or hyped anywhere, so there might be insider buys underway. Long timers are sucking up the tight float, it seems.
Level 2 looks good: BID: 13.577 mio shs, ASK only 0.73 mio shares in total.
This is Bid to ASK ratio of over 23.5 (Without any News)
If positive news come out and/or silver finishes its correction and returns to its big bull market move, this stock might repeat its old history (like silver spruce resources (SSE)might also do some day) and rise from the current level into dollar territory.
Oremex traded near 0.05 CAD in 2009 and rose to 0.44 CAD in a matter of about 12 weeks. Let the right news hit and we are off into dollar-land.
(We might still need a private placement from Sprott or a good hedge fund though)