MON dosnt want to release current production costs for Davyhurst because they are obviously dreadful, I COULD NOT BELEIVE when the company stated they are hoping to get costs under $700 per OZ by december 2008, my question is??
WHAT THE HELL IS THE COST NOW to produce 1 OZ of gold.
Still needing to raise cash while gold is and has been trading at all time highs, and here is the real kicker, MON is unhedged...If it wasnt so bad it would be funny.
What a joke MON is and God help its shareholders, the SP has to head lower from here
MON Price at posting:
0.0¢ Sentiment: LT Sell Disclosure: Not Held