MML - New Buy Signal, page-6

Hi darp and PeeSter. MML is definitely starting to strengthen but is being hesitant along with most Aussie goldies lately. It's like the big money is not yet convinced that the gold price will keep appreciating so goldies have been a little flat. Gold has risen very strongly over the past 2 months and is forming a golden cross that should occur shortly when the 50day moving average crosses above the slower 200day moving average. This is a strong bullish signal. I'm not sure if the gold price will take a bit of a breather or just continue it's great momentum.



If the gold price stength continues, I think there will be a re-rating of value gold stocks and MML should really shine. I would love to see a test of $1 in the coming weeks, then a bit of consolidation before a massive breakout to blue sky territory and all time highs. As PeeSter said, MML is very thinly traded and will really rocket if some serious buying comes in.