Fair enough william, you are taking a long term outlook where I am looking more short term.
I stand by my comments that the market is right. Remember when Mundo starting falling from $1 - everything appeared to be fine from the outside and many continued to hold and watched the share price fall week after week. Then, when the share price reached about 30c, we were told that there were problems with the orebody model and they needed to borrow money from Anglo. Clearly, the market was telling us something long before the company.
Millions of dollars have been being poured into the gold sector in the last month or so and MUN is going backwards. The markey is telling us Mundo are having problems, and I am choosing to listen. The reality is most gold juniors don't make it, and I am not risking my hard earned on this one.
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