MON monarch gold mining company limited

Happy New Year from China to all MON (& AAR) holders!The...

  1. 488 Posts.
    Happy New Year from China to all MON (& AAR) holders!

    The Shanghai Futures Exchange will start trading
    in gold futures from January 9 (next week).
    The contract size will be 1000 g, and as such somewhat
    larger than than originally expected (i.e. 300 g) -
    in order to discourage individual Chinese investors.

    The outlook for gold in 2008 is bullish.
    2008, the year of the Golden Rat, should be
    a fantastic year (imo) for all longterm holders.
    With the Q report out later this month
    it is now time for MON to shift gear and move north
    Walhalla was a disaster, but that is now behind us.
    The future is looking very bright indeed.

    Our patience has been tested with this one...
    but I am very confident MK will deliver the goods during
    the year of the Golden Rat.

    MON Resource Base: 5 million ounces of gold
    3 Gold treatment plants
    Market Cap: A$ 110 Mio
    No Debt
    Gold producer
    Upside: India and significant exploration program in AUS
    Takeover target in 2008?

    Cheers!

    DYOR - NL!
 
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Currently unlisted public company.

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