I think it is reasonably fair to say that our market has got the jitters with emerging junior gold producers due to the large number that went into production and then bombed out - the most recent being MON.
MUN has top notch Management. That being the case, I don't anticipate there are going to be any serious issues with their gold production.
Once the market is satisfied that MUN indeed is a profitable, unhedged gold producer then a substantial rerating will occur imo based upon:
1. The gold price.
2. MUN's profitable production.
3. MUN's further exploration success.
4. MUN's additional gold mine development plans.
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