MML 2.41% 85.0¢ medusa mining limited

Ann: Investor Presentation May 2016-MML.AX, page-11

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  1. 4,287 Posts.
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    CNC

    Why do you hang onto this stock when the ASX has plenty of decent miners in the Gold space.

    MML has doubled off its lows, while most USD based are up 200-400%. Asia is a TERRIBLE place for mining. Every mine i know has lost money for shareholders.

    From Lynas in Malyasia to Gold mines being stolen in Indonesia and so forth. Unless youre a barrick or freeport (even they had issues and had to pay big).

    Don't mean disrespect you but giving you a heads up.

    Markets are cheap if you believe Gold is going to 2k ... Move while you can, maybe i am wrong, MML will still underperform..

    Good Luck dude....
    Last edited by fbx258: 10/05/16
 
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