MRZ - Mont Royal Resources

[System]

Since incorporation, Mont Royal Resources Limited has acquired a 100% legal and beneficial interest in four exploration licences in Western Australia comprising the Edjudina Project which is considered to be prospective for Archaean lode style gold deposits.

The Edjudina Project is located approximately 170km northeast of Kalgoorlie in Western Australia and covers an area of approximately 24km². The tenements encompassing the Edjudina Project are considered prospective for structurally controlled lode gold.

Pursuant to the Acquisition Agreement, the Company also has an option to acquire an additional exploration licence comprising the Yule River Project which is prospective for Archaean mesothermal lode style gold deposits. The Yule River Project is situated approximately 40km to the southwest of Port Hedland in Western Australia and covers an area of approximately 225km².

It is anticipated that MRZ will list on the ASX during May 2019.

http://montroyalres.com

 

[craigj]

Micro cap with a current market cap of 6.7 million
Chart has been drifting down for 8 months but hits a resistance level at 8 cents
Any news with 3 separate exploration projects could see a bounce

 

[Dona Ferentes]

Micro cap
...Any news with 3 separate exploration projects could see a bounce

any news at all !!

has been suspended for a while - most of this year?

from round the traps:
Mont Royal Resources was raising $8 million to $10 million in tandem with a scrip-based merger with Toronto-listed Commerce Resources.

The merger valued the latter at $21.7 million, and creates a dual listed player with critical minerals exploration projects in Quebec.

Canaccord Genuity was the lead manager, with Peloton Capital, Yelverton Capital and Euroz Hartleys.

 

[Garpal Gumnut]

any news at all !!

has been suspended for a while - most of this year?
View attachment 208457

from round the traps:
Mont Royal Resources was raising $8 million to $10 million in tandem with a scrip-based merger with Toronto-listed Commerce Resources.

The merger valued the latter at $21.7 million, and creates a dual listed player with critical minerals exploration projects in Quebec.

Canaccord Genuity was the lead manager, with Peloton Capital, Yelverton Capital and Euroz Hartleys.

i haven't read these. Trust they help. Too many big words. Once it goes past price, volume and RSI I'm lost.

gg