MON 0.00% 29.5¢ monarch gold mining company limited

stock pick of the week, page-12

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    17. May 2008, new one inhabitant of zurich newspaper
    money gene for the gold promoters

    money gene for the gold promoters of record prices the falling off in production

    Obligation field Windows close the prominent gold producers of the world in the first quarter 2008 with exception of Anglo gold Ashanti substantial profits realize could. The maximum conditions with the gold price made up for the fallings off in production more than. jpk. cape city, in the middle of May The first quarter 2008 was characterized by a importantly higher gold price and a pronounced Volatilitaet. The gold quotation was subject to fluctuations of up to 200 $/ounce in the first three months. In the first two months the price had amounted to occasionally only 833 $/ounce and reached then in the middle of March with 1033 $/ounce a record value. In the comparison with the fourth quarter of the past yearly the average gold price lay between January and March with 925 $/ounce around substantial 17% more highly, which help most promoters to clear profit paste run gene. The higher gold price was to be due to those continuously strong demand and the dollar weakness. In the decoration sector the strong price fluctuations affected however absorbing the demand.
 
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