X64 - Ten Sixty Four

[moses]

Co-O PROJECT PRODUCTION UPDATE
The Company wish to advise that it is on track to commence gold production from its Co-O Plant in July 2006, at the annualised rate of 40,000 ounces per year.

 

[moses]

Up 6% today. (Nice to something green)

 

[ormond]

Is anyone following this company?
Seems to be flying under the radar.
Low cost high grade gold mining in the philippenes with production expected to reach 100k oz in 2008.
Drilling to comence shortly on das-agan project with cu grading 4.93% at end of hole(250m).
Any thoughts on the potential of this company as i am looking to invest some money in the gold sector?

 

[Glen48]

MML has gone from .950 to about 1.060 after a take over? from Hong Kong bank maybe worth looking at ??

 

[Sean K]

Such a shame this has been off my radar, what a great recovery.

Looks like a nice longer term story with cash costs down at $200 an oz.

They reakon they're going to ramp up significantly (to 200-300 oz pa) with further discoveries but sould like a ramp to me.

A 1.00c entry might have been nice.
Or, 1.75
Or, 2.75



Looks costly on the EV to Oz Au comparison at $268 the most expensive on my list..

 

[Gunslinger]

Significant jump to close at 7.7 yesterday (current 7.55) from low of 6.34 on Jan 6 when I was stopped out.
Not really accompanied by a corresponding jump in volume.
Anyone got any ideas on this?

I am a very green newb so any insight appreciated

Cheers,
Jb

 

[tinhat]

Significant jump to close at 7.7 yesterday (current 7.55) from low of 6.34 on Jan 6 when I was stopped out.
Not really accompanied by a corresponding jump in volume.
Anyone got any ideas on this?

I am a very green newb so any insight appreciated

Cheers,
Jb

MML were issued with a speeding ticket by the ASX on the 13th Jan.
http://www.asx.net.au/asx/research/companyInfo.do?by=asxCode&asxCode=MML#headlines

Because insider trading does not happen on the ASX we just have to assume there are some very bullish investors out there driving up the price on moderate volumes of trade.

 

[Gunslinger]

Hmm,
"Change in substantial holding" registered with ASX today, that might explain it.

 

[Wysiwyg]

How is Medusa looking now, being unhedged into this financial year? Cost per ounce is incredibly under 200 per ounce which compared to present pog is massive profit. High grades above 10 grams per tonne is what keeps that cost low. Looking for best upside in goldies. Any better???

 

[mr. jeff]

what about TRY their cost is $0/Oz after credits? Don't know much About MML why don't you fill a lazy in

 

[Wysiwyg]

MML got the no vote in a big way with a new 1 year low now though it did put on some after my post. Producers fairing better in this climate? Appears to me the pog has stalled and is at a decision point right now. I'll go for two monthly bar discards.

TRY building a biggish ascending triangle.

 

[Chasero]

MML got the no vote in a big way with a new 1 year low now though it did put on some after my post. Producers fairing better in this climate? Appears to me the pog has stalled and is at a decision point right now. I'll go for two monthly bar discards.

TRY building a biggish ascending triangle.

Not sure about other traders but I dumped all my MML shares for NST shares..

The 2 yr low is about $4.40 right?

 

[Chasero]

Not sure about other traders but I dumped all my MML shares for NST shares..

The 2 yr low is about $4.40 right?

MML bounced off heavily from it's $4.40 low.

Triple bottom in and now it's at $5.50.

Announcement today after market close:

http://www.asx.com.au/asxpdf/20120117/pdf/423t2zdqcrx943.pdf

Long MML as of today (at $5.45)

Took profits in NST @ 92.5 and back into MML

 

[Chasero]

No one interested in MML?

currently outperforming other goldies.

Break of resistance @ $5.50.

Could see a run up to $6.00 if gold holds up.

Announcement a tad conservative it appears and had little effect on sp.

 

[Macros]

No one interested in MML?

currently outperforming other goldies.

Break of resistance @ $5.50.

Could see a run up to $6.00 if gold holds up.

Announcement a tad conservative it appears and had little effect on sp.

Was an easy call below $5 and even better at $4.50. I see little reason for it not to go back above $7, if not again reach the highs under a more supportive gold price. The price falls didn't make a lot of sense, except for some short-term issues. MML is a fairly straight forward longer term position as they move towards substantially higher production, albeit with the one risk of operating in the Phillipines. Still good at current prices.

 

[Macros]

My only concern is that the lower prices are now riddled with gaps. Not sure if this is an issue for MML, but it does give me some caution. Then again I'm not a TA expert.

 

[explod]

Mmm

MML, in the last 12 months down 25%

Says something may be wrong.

Other better ones on our own soil in my view.

Say, NST up 250%

AYN from 4 to 8 cents up 100%

 

[mr. jeff]

I don't view that performance as necessarily that bad. There are a lot of goldies that have gone backwards with no great reason other than a change in sentiment.
Have a look at PRU, RMS, OGC, RED, IGR, EVN, FML etc. A lot have not set the world on fire even with reasonable projects and or production.
Whether this changes, who knows.

 

[Chasero]

Needs to close above $5.58 today for next move up.

Resistance @ $5.52 proving really strong. Stuck in trading range for over a week!

Fingers crossed today will be the next push.

 

[Chasero]

Needs to close above $5.58 today for next move up.

Resistance @ $5.52 proving really strong. Stuck in trading range for over a week!

Fingers crossed today will be the next push.

Strong volume on Wednesday @ above 1m, closing 2 days green. (it went one day up above $5.50 one day below $5.50 for a week)

Should rally to $6.00 by early next week.

Looking strong today.