MON 0.00% 29.5¢ monarch gold mining company limited

mon loans

  1. 2,283 Posts.
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    I have read a lot about MK on HC. Some think he's genius and others dont seem to trust him. After reading lots of coments my feeling is MK is looking after MK.

    What worries me is the $7M loan from IRL to MON when MON would have just about been insolvent. MK on board of both companies and bingo a magic $7M loan which would never happen under normal arms length circumstances. I am now wondering will TTY be the next company to loan MON finance as MK is the Chairman of TTY? The latst raisng of $10M wont last long if they don't fix their mine issues. MON say cash positive in a couple of months but all the MON forecasts over the last 6 months have not been met.

    I hope TTY directors stay away from MON.
 
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