nice post stefanis,
mml have had a couple of minor set backs recently, but I think one of the main reasons we have been presented with this opportunity to get in at such a great price is a major holder in fidelity reducing their holding which has probably also hit a few stop losses and the sp quickly went south. Average cost of production for gold is now well over 1000, so where is the down side in price of gold? MML unlike a lot of producers will still make decent profits at a lower price. I also like the low number of shares on issue, how many gold producers have managed to keep their number of shares on issue post production at under 200,000,000? Quality management a big plus.
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