MON 0.00% 29.5¢ monarch gold mining company limited

good luck TO me there was no actual lies they just failed to...

  1. 23,765 Posts.
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    good luck
    TO me there was no actual lies they just failed to meet targets . That would be hard to litigate against.
    I just about bought in just prior to it going into admin I didnt because the actual production figures were running well below forecasted figures at davenhurst, and costs were high that info was disclosed to the makrket.

    SOme on here were saying they had spoken to MK and production was at name plate well to rely on believing that info would have been foolish.

    Trading at ths end of the business is inherantly risky at the the best of times.
    MK did very welll out of CSM and trucking as he knew how to move and mine bulk commodities cheaply from a high grade manganese mine and he sold product into a market where manganese and chromium were increasing in value. Beginning to think he must have had a good right hand person as his recent performances have been dismal.
 
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Currently unlisted public company.

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