Geex ...you guys must have the pre written stories on your computers and it becomes a copy and paste when you need to move the share price one way or another. The simple facts remain ...Medusa is a narrow vein miner. They have explained that there are resources at depth that have not yet been quantified (because of physical constraints) and they are about to build a decline to access gold deeper in the mine. They have plenty of excess capacity and they are unhedged. Medusa for the qtr generated a profit close to $12M Aust dollars on an ASX Market cap of $109M. Whilst the majority of companies are struggling during this economic downturn this quarterly result annualised gives Medusa an approximate net return of just under 50%. Their have been advices of increases in substantial holdings since the 31 December 2019 - not decreases. A new general manager has been appointed. Medusa is an Australian company. Do some research and see how vast the Philippine stockmarket is. After all the population of the Philippines is approx. 4x that of Australia. At the end of the day Medusa is a proven explorer / developer and producer who has very little debt, excess capacity and is unhedged. DYOR
Geex ...you guys must have the pre written stories on your...
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