Gold price will go higher, no doubt about itMON are currently...

Gold price will go higher, no doubt about it

MON are currently producing gold for more than it can be purchased for, thats the problem with the company and the reason why the SP is where it is, the fact is that MON were supose to be producing 10,000 Oz per month by January 2008 and have missed that target by a long shot, the market has apropriately punished the SP of MON as the market dosnt beleive what MK keeps saying, talk is cheap and until MON can lower its production costs by raising the production, MON will continue to heomorage and the SP will go lower, this latest report is nothing short of a disaster for MON shareholders, the question is how long can MON continue to burn massive amounts of cash every single month, placements are failing and TTY can only hold so much.

Orbiter makes a very good point