I was going to get in Friday and was forced to buy Monday, but i'll take 15%!
I lost a lot on these guys last year but they seem to have brought the truth back into their reporting and things seem to be on track.
I thought it had to be a no brainer as they could cease too invest, thrash the mine and pull more cash out of the mine over the next year than last weeks market cap.
Further more, gold looks stable on two front. One, there is a lot to be nervous about globally both financially and geopolitically and two, with so much debt around the world, interest rates cannot be raised much without inflicting serious pressure on everyone
Time to make some money back from this donkey!
MML Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held