MOY 0.00% 5.1¢ millennium minerals limited

This current gold price fall cannot be good

  1. 17,932 Posts.
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    For the company although a large % is hedged. Hope there is a bit of a bounce to save all the little gold plays out there.
    Plus a few of the bigger companies as well.

    I use to hold in this one but sold at about 34 to 36 cent level and even then I had suffered big losses after consolidation of the shares ( which I thought at the time was a good idea).

    I was even one of the few that took up a few oppies as I saw a big future for the company. ( boy was that a stupid move)

    A good company in a good area with a good team that performs and does things on time an budget.

    Its just the markets against them at the moment, hope they do not go into caretaker after paying off loans or worse administration.

    This company has brought shareholders nothing but grief and despair and more so now which is sad indeed.

    Just my 2 cents worth .
 
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Currently unlisted public company.

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