The gold price can weaken another 10-15% and its not going to materially effect MML's ability to produce significant returns.
For me this company boils down to one thing only, can Co O produce 200k ounces per annum from 2013? If it can sustainably then a pog of 1300-1350 is sufficient.
The key risk being its a single mine company.
Looking to add under 4.50, will maintain low portfolio weighting due to the single mine risk.
The gold price can weaken another 10-15% and its not going to...
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