MON
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0.00% 29.5¢ monarch gold mining company limited

Hi Rimtalayyour posts indicate a belief in the fundamentals of...

  1. bbq
    599 Posts.
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    25/04/08
    09:47
    Post #: 3627793
    Hi Rimtalay
    your posts indicate a belief in the fundamentals of MON. Buying out of favor stocks can be very profitable if the the underlying business is sound. Is there any indication that the gold that MON claimed was in the ground and helped spur the share price in recent years is not there? The market often gets it wrong when sentiment changes and prices go down up up erratically. Note BHP was down to $32 a few months ago and is now $44.
    What makes you think MON is still on track to mine gold in teh quantities they predicted only 12 months ago?
    MON Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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