I got no doubt MK is a savvy business man and quite wealthy. People who follow him don't always seem to make money though. URA is a great example. The big shots sold out long ago. IRL is another example, already at it raising cash while the management is making their $$$ yet shareholders get burnt.
MON is just another company. I have never seen a gold company with such high cash cost making it. If gold goes to $2000 then great. if it falls to $700 then bye bye.
The margin of safety is not there.
MON Price at posting:
0.0¢ Sentiment: LT Sell Disclosure: Not Held
