That said, I get the impression gold price are setting up for either a substantial rally or a larger breakdown in the coming few days/weeks. And medusa will be in all sorts of trouble if the gold price goes below $1100 with this latest news...
And if gold price goes below $1100 my fear is the market will rapidly chase the $1050 lows and push for sub $1000.
So gold getting back into the $1200's is clutch for medusa's share price until it gets its production up and AISC down.
MML Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held