MUN have made a "temporary suspension in gold production."
"The company believes it is prudent to request a trading halt while this matter is dealt with given that it will affect production and sales during the current quarter."
Hmmnn ... another nasty surprise from MUN.
Now I have to be very careful how I put the following to avoid "flaming" people.
I know I copped heaps here after getting out of MUN some time ago and clearly giving my reasons as MUN had been an underperformer in share price, falling from over $1.00, an underperformer in gold production, an underperformer in projected costs and imo was now adversely cash strapped, being in debt when there was no debt when mining started.
I received numerous blue sky posts in reply.
These recently have stopped as the MUN share price has continued to drift down - even with US$1200 gold.
Someone even started a thread pointing out how quiet it is from MUN's investors.
Anyway, hope things work out for MUN investors when MUN resumes trading.
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