Hopefully co-incide with the favourable rec. from Inside Trader.
MONARCH GOLD MINING COMPANY LIMITED (MON)
Monarch is an Australian based gold exploration company with large holdings in W.A.
....The word is that it will soon be trading at a breakeven level soon and then, as production ramps up, will start generating profits.
There has been a small amount of Director activity recently but the we have also seen a large increase in buyer demand and smart money entering the stock recently.
Worth a look if you want exposure to an Australian based gold company that is on the verge of production ramp ups.
Worth looking at if it breaks the 30c resistance level again. current price: 29.5c....
TTY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held