Analyst repot, page-20

For those not invested here there seems to be a concerted attempt to drive the sp lower on a daily basis by frequent postings on this board using scare tactics. You know who they are.
If you are a holder and considering selling ask yourself "who benefits by selling at these prices?"
The sp is 59.5p which is a Mkt Cap below $125 million which could easily be paid for an explorer. At current valuations hundreds of millions of dollars of mill, mine development and infrastructure are valued at zero, 1.1 million gold resource at Bananghilig valued at zero and 1.4 million oz gold resource at Co-O is valued at $88 an oz!
I doubt anyone is not making a loss by selling out here at these prices so the only reason for doing so now that it's obvious the company is in turn around mode with increasing Q on Q production and has turned cash flow positive would be the fear of the sp going even lower which is irrational and a self fulfilling phrophecy.
Today there is also fear of the gold price cratering substantially even more as it has just broken the long term floor of $1180 on Friday. The pricing of gold is highly manipulated so over the next few days it could go either way but is now at a level where many mines will struggle to be profitable.
In Q2 last year the av gold price received by MML was $1262, not too much different from the gold price of the past 4 months - $1250 plus which uses averages as opposed to head line setting figures that are subsequently lost in normal trading.