Well, the good news is that AUD Gold price is at an all time...

Well, the good news is that AUD Gold price is at an all time high.
The USD Gold price is in a multi year high.
It is very hard to not make money at these gold price.
July production was over 7000 ounces and the graph they put in had a nice upward trend.
This below graph says it all.




And if this school boy management had managed their affair a little better....the stock would be north of 25c in this bullish gold market.
Today's share price action could be an indicator that things are getting better inside the company.
Although very frustrated and worried, sold out then quickly reversed my decision and bought it back all in June. Since then I have been holding patiently. If things are in control then MOY has to be the most undervalued Aussie Gold producer in ASX. (Thanks to management and big thank you to Peter Cash for that)

The gold price has been the savior.
AUD $2000-2200 is a reality and perhaps the market is now applying that gold price to value MOY business.(With school boy management discount or else MOY would be trading north of 25c.)