Their plan is based on the gold price going higher?! What a completely silly thing to say. You're in this because golds going higher? why dont you buy Lihir?
Around twelve gold mines were handed to administrators last year despite the strong price for AU. Many of them died because of lower forward sale prices to the spot and missed production. Have Mon committed to a hedge plan yet? if they have its a disaster. The trend is clear and it smells to high heaven sorry. I backed the man on this but MK has spread himself too thin now and CSM just looks like a fluke.
ijh, page-28
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
