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JustForFun7

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JustForFun7

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Thursday, 11/29/2012 10:08:12 AM

Thursday, November 29, 2012 10:08:12 AM

Post# of 35736
V.MMY table pounder - 47 cents

latest qtr results

http://www.newswire.ca/fr/story/1080125/monument-reports-first-quarter-of-fiscal-2013-results

some highlights...

Total cash cost 330 dollar an ounce
Profit this qtr of 5 cents a share....that's on processing low grade ore of 1.98 g. per tonne as they move thru a transition area. the grade last year was 4.5 g. per tonne.
The latest drill results show over 4 g. per tonne with a thickness of over 50 meters...updated 43-101 pending.
Cash grew from 8 million last qtr to 25 million this qtr even with the grade processed temporarily cut in half.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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