Only one way to goDear Friends
With gold increasing in price.
We are going to start a new production stage.
Our profits are on an upward tragectory.
Our share price should be double balance sheet valuation, that would be $.60 a share.
Dato has 55 million shares and he is a goal driven knowlegeable person.
Westgold wants to buy our Australian assets and would benefit by buying Monument.
Many of us have been here for years and bought our shares at $.50.
All parties should be avereging down by buying shares at any price below $.15.
The downside risk is minimal and the upside gains are tremendous.
There is not that many shares in the public float available, once we gather the low lying fruit, many of the balance of the share float are locked into dormant accounts.
As an investor, this decision was very difficult, but buying is the proper strategy at this point of time.
Developing and building a mine is very expensive, we have 2 mid scale mining areas with good reserves. this should be a 300 million dollar valuation, not a 30 million dollar valuation.
I will continue to accumulate and average down, up until the $.15 share price.
There really is only one way to go.