I think you will find that it's mainly the Aussie based gold...

I think you will find that it's mainly the Aussie based gold miners that have been smashed, and I suspect that is because the PoG in AUD terms is now down nearly $100 from its peak (and it got particularly smashed on Friday after trading hours - so the market is catching up).

As for MML's rally - there may be a pending announcement coming - but I'll be surprised if its anything beyond what has already been signaled (ie a CEO appointment).

Also getting booted from the ASX300 yet holding up well last week, might be the last of the bad news stories from MML. It's really hard to be bearish on MML when the gold price is at these levels and the share price is this low.

Now couple that with this sort of share price momentum, and I think there is going to have to be some seriously bad news (huge miss on Q3 production) or some seriously large gold price falls (back below $1100) to reverse this trend.

As always with investing the hardest thing to do is to find the emotional strength to "cut your losses on you losers" and to "let your winners run".

I think MML has turned the corner and is well and truly on its "winners run" phase. And if so, those with the conviction to hold will be best rewarded.