MON
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0.00% 29.5¢ monarch gold mining company limited

wonder why they couldn't find an underwriter. I'd hate to be in...

  1. jazzmox
    8,619 Posts.
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    08/04/08
    07:52
    Post #: 3559526
    wonder why they couldn't find an underwriter.

    I'd hate to be in this company if gold falls. Since the cash costs are astronomical Kiernan's whole business model is hoping gold will continue to rise. After the rights issue how much more can he dilute.

    Getting uglier and uglier. What a mess of a company.
    MON Price at posting: 0.0¢ Sentiment: LT Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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