MML 2.41% 85.0¢ medusa mining limited

Beardy, I've got to trust management first before I'll buy back...

  1. 6,376 Posts.
    lightbulb Created with Sketch. 2614
    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.
 
watchlist Created with Sketch. Add MML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.