MON 0.00% 29.5¢ monarch gold mining company limited

Rising costs were the primary cause of the demise of this oneA...

  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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