Blackso, the MUN share price was performing well before MUN started gold production on the basis of very bullish projections of a low cost, highly profitable gold mining operation.
It's all been down hill since MUN started gold mining and everyone has been faced with the stark reality of MUN consistently being cash flow negative, even necessitating going into debt, compared to MUN starting mining with no debt.
When I look back I now find the resignation from the Board of George Jones in June 2008 fortunate timing.
MUN Price at posting:
14.3¢ Sentiment: None Disclosure: Not Held
