Lol.....maybe the Gold bear market would explain the downturn as...

Lol.....maybe the Gold bear market would explain the downturn as the broader stockmarket skyrocketed. Quite obviously Medusa was building its solid base - using cash to pay for everything which now brings us up to today. A company that is pretty well debt free - has cash set aside for the construction of the decline - is unhedged - has excess production capacity - has money in the bank - is making large profits - has a very tight share register - and in the midst of an economic storm which is generally favourable for gold prices. We cant forget either that gold moved from a tier 3 to a tier 1 asset over recent times. The management of the company should be applauded for their efforts (rather than the continued barrage of complaints) to get us to where we are today. DYOR