MON 0.00% 29.5¢ monarch gold mining company limited

some information re; above posts.kingofstocks: has been...

  1. 4,326 Posts.
    some information re; above posts.

    kingofstocks: has been knowledge for some time that TTY was propping up MON. MON also owes IRL a further 3 mil.
    definately a hospital handpass though, MK has pulled out all stops with smoke and mirrors in regards to inter company transfers between TTY IRL MON.

    Flight500; MON is suspended. Until ann are released pending cash and company direction it will not trade. when a company is suspended the boards are wiped clean. All orders will need to be replaced once company starts trading again. Or IF its trades again. FYI i remember seeing market depth was pushing this down to around 20c before boarsd where cleared. Things could obviously change either way.

    Sekret; MON is RE from share consolidation many months ago. thats not the reason boards have now been cleared. this time its due to suspension.

    trtkjd1; never trust a bogun ;)


    personally i can't see MON getting funding unless shareholders dip into their own pockets. MK is playing hard ball with TTY. Only problem is he caused the mess. IRL loaned money from a capital raising pitched to investors as for their Surda project. That is highly misleading and as such i wouldn't be surprised if this gets really messy.

    MK has his reputation on the line in a big way, he will pull out all stops to get this back on track. theres a glimmer of hope there for MON holders but be careful and watch very closely.

    goodluck
    Davo
 
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