mun rides again , page-3

horst

I tend to agree. This is struggletown. It loos like it will be years before anything happens to make this doggie move. The Peru resource may keep it alive because it is high grade, but there is no room for anything more seriously going wrong again.

I am surprised there are people willing to subscribe to the capital raising.

The only hope is a substantial upgrade of the resource to 400-500k ounces and an increase in production to 40-45k ounces pa from which the capital requirements for a second hand plant may eventually be funded. I see more dilution down the line as a possibility.

Still it lives.

loki