Management's AttitudeManagement, years ago should have called this operation "Turtle Mining Corp"....as they progress slow and easy without any bumps in the management's style. or income.
Most mines just have a short mine life, extract all the hy-grade, then move on. Monument Mining has been like a turtle ..... slow and easy as she goes..... make it last as long as possible, management paying themselves more then a decent wage over a longer period of time ...... for all we know, Baldock might still be on the payroll ...... his picture is still front and prominent on thecorporate site.
Just through luck, not mining skills, that they have extended the life of mine...... just might last until management gets old, and retires ...... the pay and benefits are great ...... so easy as it goes .... we all know, that the Turtle wins the race.
WE all know, that the value of MMY is tied to the Price of Gold, not the merits of the company and management ..... probably it will get to .30 cents CAD when the next POG really pops.
If you had noticed, the US just bought 30 Billon worth of Ukraine's gold reserves for USD's , so it wouldn't change the POG, as if it was sold on the open market.
I sometimes wonder if I will be still around when things happen, will be 86 on Friday, and my health is failing .... maybe something will happen in my lifetime ...... but I wouldn't bet on it....
......... Richard