ijh, page-22

hi jazmox

I think that the gold price will go higher for a couple of very strong reasons, firstly the US fed has indicated of the US rates to be lowered at the next meeting, this will almost certainly put more pressure on the already sick US dollar to head lower and gold will inturn head higher.

But i do agree with you on MON at the moment, it dosnt look good in the short term with massive cash burn rates, the company will still not disclose what its actually costing them at present what it costs MON to produce an OZ of gold, this is the scary part.

I think MON is heading lower before higher, catching a falling knife is a dangerous game, MON is a classic falling knife situation.