re: next one for re-rating?gold some movement vol coming...

re: next one for re-rating?gold some movement vol coming in....will be over a dollar come june with the gold price where its at....look at the

as per previous post

Cash costs are put at under $US200 ($A283) per ounce, meaning at the current gold price the unhedged company will be generating from the third quarter of 2006 free cash flow (before tax) of $14 million per annum – compared to a fully diluted market capitalisation of $A55-60 million.

As Medusa managing director Geoffrey Davis told MiningNews.net, that cash flow is more than what was banked last year by a major gold producer in the Oceania region that produced hundreds of thousands of ounces!


producers producers soon time to give up the speccies...be ready...get in early.....fly me to the moon