MON 0.00% 29.5¢ monarch gold mining company limited

reason for trading halt .., page-24

  1. rab
    4,648 Posts.
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    Hello Mudslinger, So the scenario is Davyhurst is canned to concentrate on Mt Magnet. Why do they need three days to announce that. Could be that plus more?
    Three days ago you were advocating buying a couple of thousand more shares 11/6/08.If they are going to can Davyhurst to concentrate on there premier mine, which wouldn't be a bad idea, i would have thought it wouldn't have been an overnight decision.Your contact on site had no idea three days ago? As someone said IO has been bandied about in connection with Mt Magnet. Also MON needs to concentrate its meagre funds where the return is best.
    They might also be selling Assets they don't now want ( Davyhurst).

    We will know for sure soon.

    RAB
 
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