Ann: Mineral Reserve & Resource Update August 201, page-10

re: Ann: Mineral Reserve & Resource Update Au... "HUGE upside potential as sentiment turns around if we have it right."

The main driver for MML longer term will not be POG or gold market sentiment. They will help add to the upside potential but the main driver will be management getting close to meeting guidance. That alone should give the biggest re-rate. Exceptions might be either a very large move higher in POG or a takeover coming before management has a chance to meet guidance.

HUI up 9%. That must be one of the best gains of the year and it puts in a higher low. The whole sector should light up today.