MON 0.00% 29.5¢ monarch gold mining company limited

Agree MON is in serious trouble, current gold price is at an all...

  1. 2,019 Posts.
    Agree MON is in serious trouble, current gold price is at an all time record level and yet they still cant turn a profit, MON sounds like a junkie that keeps having money to get things together.

    The fact is that MON has had Davyhurst running for a while now, the mill isnt brande new so i dont buy for a second teething problems, its the ore they are processing and its obviously got a very low gold content, MON did admit Walhalla was a dud, so what do these rocket scientist's of MON do, they keep on mining and processing ore that has fuk all gold in it, it would be much easier to just put a gun to head and pull the trigger as a MON shareholder with this type of management, for christ sakes, if something isnt working, CHANGE COARSE, dont just sit in your pile of mud and cry about it.

    At the end of the day the buck stops with MK, this clown needs to lose his job because he has failed in every way for MON shareholders.

    DEcember 2008 and MON hopes to have cash costs under $700 per OZ, MON share holders would probably make more money going to the casino than investing in MON, get ready for another 1 or 2 placements before december 2008.

 
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Currently unlisted public company.

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