We need to know C3 cost of prod. i.e. the full story. I've just...

We need to know C3 cost of prod. i.e. the full story. I've just logged-on and am amazed to see MML so low. It hit 1.335 during today!! Perhaps those buying below 1.40 will make a quickish 20-25%. It wouldn't surprise me. But retail holders have (rightly) lost confidence in MML management. Transparency engenders trust. MML has been more open than some but the drop in 4QFY13 prod has been known to management (hence others) for ages and explains why SP fell so deeply. It's going to be a long haul, back but i feel i should hold. If POG stays below 1250 supply of gold will be significantly reduced worldwide. Its the opposite of iron ore. In IO we have a situation where huge mines are rapidly increasing production to compensate for fall in price. With gold many mines will simply close and supply fall away substantially. Perhaps 2012 will be highest gold production the world will see for a decade or more. Yet demand to own gold seems to still be bullish. Hard to predict what will eventuate. Europe looks more creeky each week. Something will give way.