MON 0.00% 29.5¢ monarch gold mining company limited

monarch dethroned

  1. 9,081 Posts.
    Rising costs were the primary cause of the demise of this one

    A clear message is signalled: be wary of small speculative gold explorers / miners where there are likely to be cost blowouts and dwindling cash flows.

    In this credit crunch environment this would be a recipe for more disasters ... and I fear there will be more to come.
 
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Currently unlisted public company.

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