MON 0.00% 29.5¢ monarch gold mining company limited

tty buying more, page-8

  1. 752 Posts.
    Hi Rimtalay

    MK must be in the know on this. But did make me curious that there is no underwriter on this raising and also there was quite a bit of description about the risks associated. Esepecially about if they don't raise enough to cover their current working capital defecit. Made me wonder that is no bank debt a good thing or indicative of their value judged by the banks?

    Interested in your spin on this.

    Still hold TTY but MK is a bit of a wild card which can be a great thing (getting mines running and profitable where others can't) or bad (rash judgements, too many competiting priorities).

    I get his diversified vision, just question whether MON is in the best interests of TTY?
 
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