MON 0.00% 29.5¢ monarch gold mining company limited

production update at davyhurst, page-14

  1. 16 Posts.
    Dont own any MON, never have, and I dont want to compare MON to VRE but it is worth remebering that on Jan 7 VRE annouced "its bronzewing mine produced 10,300oz of gold in December, as the ramp up to steady production progresses to acheive targeted +120,000oz per annum".

    One month later on the 6 Feb VRE snnounced Jan production of only 6,500oz, and shortly thereafter went into administration.

    What MON needs is to report consistent production numbers, 1 week (even 1 month) means nothing.
 
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