MML Valuation and SWOT Analysis, page-2

You may like to get a better understanding of narrow vein mining. The resources stated are more than likely to be very conservative. You cannot compare Medusa Mining to other gold miners that have different mining techniques. There is a lot of discussion about narrow vein mining in previous Medusa reports. I agree with your view that Medusa is very much undervalued. Medusa is a gold explorer - a gold producer - have significant excess production capacity - very little debt - major underground works have been completed (at a time when gold prices were low). What will happen to Medusa's share price if Gold prices go back to their previous highs or even beyond????

DYOR