I viewed MUN as a small gold miner that had failed dismally to...

I viewed MUN as a small gold miner that had failed dismally to get a small underground mine to meet its pre mining budgeted expectations.

The obvious consequences were going from debt free into debt and also issuing millions of shares to raise money as the company was burning millions of dollars in excess of the cash it received from the gold it mined.

Sorry Mark53, but I am struggling to understand how you could possibly have thought that MUN was "better positioned for the future."

My assessment of MUN did not indicate that.

Guess that's what makes markets.