Im sure both Ruffer and Paradice have done their due diligence...

Im sure both Ruffer and Paradice have done their due diligence and have invested on a solid footing.

Past performance is not an indicator of future performance. It is hoped that Medusa has learnt from the past - it has new staff on board and quite obviously have prior knowledge of systems required - as this is an extension - not a new mine completely they would have the technical knowhow at least to some degree..

The price of gold will perhaps be different this time around. .Gold has been moved from a Tier 3 to a Tier 1 asset. The economic and political upheavals are not going away any time soon. And the debt issue consuming the world atm in terms of government business and personal debt needs some sort of resolution / easing. All in my opinion.

DYOR