Mate i share your frustrations. But MON SP is an not isolated event.
ALD, CQT, CTO, CRE, CNT, AVO are others that are under performing relative to current POG.
Oddly enough I made more money out of these when gold was at $600/oz.
Junior gold miners are lagging the gold price. Same is happening in other markets. Maybe the fundies believe current gold price is just a spike. Maybe they will take gold producers or near producers seriously ounce gold clears $1000/oz.
It baffles me how fund managers pick value, they tend to enter late into the piece. Well i am set with the ALD, CQT, CRE, CNT, AVO. Yet as a collectively group i am badly in the red. Long term i believe gold will exceed $1500/oz, but for now i just scratch my head.
the only fortunate part has been my strategy to buy and sell some of my holdings on the peaks and dips, so i have managed to lock away profits.
MON Price at posting:
0.0¢ Sentiment: None Disclosure: Held
