MON
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0.00% 29.5¢ monarch gold mining company limited

Can anyone suggest why the share price is not moving despite of...

  1. daiji
    45 Posts.
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    05/10/07
    14:15
    Post #: 2867310
    Can anyone suggest why the share price is not moving despite of a good market and rising gold price in the past few weeks? The reason i bought MON is because of its large gold resource of 2.4 MIL oz, which is much larger compared to its peer with the same market cap. Could it be that the production cost is too high? MON is producing gold at $490 USD which other gold companies are producing at less than $400.
    MON Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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