MML 2.41% 85.0¢ medusa mining limited

Analyst repot, page-24

  1. 6,376 Posts.
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    Beardy,
    I've got to trust management first before I'll buy back in. That one is a lot trickier than just the numbers.

    The mining consutants report will be interesting, if they release it, which I some how doubt. I think it was vendor or someone else a few months ago that first mentioned problems with thin veins, I was long at the time and wrong.
    Those thin veins seem like a large part of the problem, along with getting the real information. One of my friends who bought at $2.50, is looking for me to tell him when to average down, something I personally think is a dumb idea, but it is what is keeping me watching and pulling the figures apart.

    Then again, what do I know? My favourite goldie IGO that has a lot of hedging in place has fallen nearly 10% today, yet profit this year will probably double last year, with some good looking growth and prospects, plus no debt.
 
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