buy signal confirmed, page-5

hainholz,

that is a limited view, you need to consider the $AU gold price because MON operate all their mines in Australia. Also, yes they may make more revenue this quarter, but costs currently revenue receipts 8/1. The cash to keep this company afloat is coming from investors and debt facilities, they do not turn a profit, will they this quarter with a higher $AU gold price? I doubt it...their development costs are huge.

Not saying MON is a bad company, but it has to kick a few more goals and clean up the ballance sheeet to get my vote. But I don't mind if I have egg on my face and I'm wrong, I hope I am because I will buy the story.

All the best
LSM