correction before the next leg up, page-12

Most gold stock went up today. On relative performance FML is only average, announcement and all. No prizes for that.

MML did far far better, which was my point, well before the event. ie not on TRY

Also note that MML (where half of my FML money sale was relocated, most other JML and a little in TRY) etc all performed on no positive annoucements. JML, not even a gold stock, performed far better than FML.

Madam still only has one leg. Still calling sub 5cps before year end and would not consider reentry trading parcel until it advances from the mid 4s. Brave call considering pog, although not when it involves Madam Lash.

Cash costs are remain too high. SP will not perform strongly unless reduced to sub 700s. Quarterly will probably confirm this problem. The SP will react accordingly.