Was doing some research and stumbled across Monarch Resources.
MRS is a nickel and gold explorer, with a market capitalisation of only $7.6mill (although there are some options outstanding).
The major shareholders on this company are the folks behind CSM, with Michael Kiernan owning around 30%, and a couple others from the CSM board.
Very tightly held, grabbing stock is not easy, with an excellent chart. If nickel and gold keep running, so should MRS.
Looks good to me.
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monarch resources limited
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