MUN has held well during the last few days carnage.
If they prove this as they have stated, expect a significant re-rating. Especially if the gold price keeps going up as is indicated, remember it is forecast to go to potentially USD$1500 next year. At it's rate of last night it will be back over a $1000 very soon.
"scheduled production of 1,600 ounces in September, 2,400 ounces in October and November and we are
expecting to get back to the 2,800-3,000 ounces per month level from December."
From thereafter the Peru program will re-commence and faith would have been restored.
MUN has held well during the last few days carnage.If they prove...
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