MOY Fundamentals - A snapshot before breakout, page-331

Applying macro principles to a micro situation is not a smart thing to do.

Looking at the changing price of gold, and judging the prospects of MOY by it, is not a smart thing to do.

Look at MOY's hedging summarised in Post #:19657466

What will show up the incorrect use of the changed POG to value MOY will be their next lot of financial figures. The disparity between what they are earning, and what their SP is, will be obvious. At that point there will be a substantial correction to their SP.

For me, they ran to 41c not long ago. Since then news has only improved their value upward. I've doubled up at the current price. Now its just time to be patient.