Back into the 40's, page-15

Indeed it will be interesting to see what happens to Gina. That said, I do not believe that Duterte is much more pro-mining. So even if Gina doesn't get approved I doubt there will be a 180 on the incumbent governments position towards (at best it will probably soften its stance towards the miners which it has currently suspended - which would have no major affect on MML)

Irrespective of whether Gina gets approved and nothing happens to MML's rights to mine the B1/B2 deposits in the recent JORC2012 update became quite marginal anyway.

So at this point I have everything except Co-O deposit valued at $0 in the current environment.

For me the main reason for the pull back is simply the gold price, which I think has hit a technically interesting point.

And with the recent support of the gold price at these levels over the last 48 to 72 hours I'm inclined to think that bull run in gold remains in tact and we are in the process of making a bottom in this recent short term correction.

If that turns out to be the case and the gold price moves back towards testing its recent highs I expect the rally to become VERY interesting as it will soon thereafter test the 4 year highs of the gold price in USD adjusted terms...

And I suspect rallies in the gold price will be particularly beneficial to MML as a marginal cost producer. So if you are constructive on the gold price at these prices, MML looks attractive.