Friday June 23, 2017
The Georgia 6th - a $30 million fuck you to America's liberal elitists & fake news media
As a Libertarian & Princess Leia Organa devotee - thoughts on the nature of Carrie Fisher's death
The Jews did not murder 60 people at Grenfell Tower - when will Mayor Khan & the liberal left stop condoning blood libel?

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, , , , ,

Medusa Mining: Is it time to buy again?

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

London and Australia listed Philippines gold producer, Medusa Mining (MML) is a top recommendation from my past. I recommended the shares on t1ps.com, the site I founded in 2000 and left in September 2012 to establish the Nifty Fifty, at 49p in August 2008 and recommended selling at 426.5p in December 2010. I noted then that a higher share price still could be achieved but that a re-appraisal of political risk and the company – as a low-cost producer – being set to benefit less in terms of operational gearing from a rising gold price than others had led me to consider the risk/reward trade-off more attractive elsewhere in the sector. The shares would go on to hit 560p in 2011 but have subsequently fallen back to trade at a current 350p share price. Perhaps it is time to buy back in?

Read the full article on TradingResearchPoint | Comments
comments powered by Disqus
---

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.