MUN has broken nicely through 15 cents resistance. Combined with increased volume it's just possible things could be turning around for MUN.
See the latest presentation where MUN claim that they are "On track to become a 150,000oz a year gold producer in South America in 2012." http://www.asx.com.au/asxpdf/20100928/pdf/31srdyknf1xlmh.pdf
I'd probably rate MUN a spec buy now.
I don't hold. Can't get into everything, and I'm not the sort of investor who will sell out of a stock that I like and am comfortable holding in order to provide the funds for another stock.
But that shouldn't stop me posting positively on MUN if it appears the company might be turning the corner as I have closely followed MUN ever since I sold out well over a year ago.
Spec buy is not an option in the sentiment.
MUN Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held