MON 0.00% 29.5¢ monarch gold mining company limited

This is an email I received back on 2 October 2008 last...

  1. 1,528 Posts.
    This is an email I received back on 2 October 2008 last year:

    "Thankyou for your email. Mt Ida ore will start to be processed this
    month.
    We will also be escalating development at Mt Ida so as to draw a greater
    flow of ore from the high grade mine. This will happen over the next 2
    or 3
    months.
    Michael Kiernan"

    Lol

    What did they manage the last quarter? About 350oz per month. Wow! What a greater flow of ore!


    And another regarding Davyhurst back in December 2007:

    “As we increase production our forecast costs per ounce reduce accordingly, which combined with the strong gold market represents good news for our shareholders”

    According to latest quarterly 7259oz were poured in Oct-Dec 2007 increasing (not!) to 6479oz in Jan-Mar 2008.

    And to think people suggest talking to the "messiah" MK. Lol. He is completely over-rated. He seems to think he's still running CSM.

    What a joke.


 
watchlist Created with Sketch. Add MON (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.