Normal
No problem, MML definitely has trading opportunities as it moves around quite a bit.The quarterly obviously wasn't pretty in terms of what was produced last quarter, but if your a long-term holder its more a blip on the radar and a buying opportunity IMO. If the share price rocketed below $5.00 then there would be cause for concern however I can see the share price rebounding well if FY12 guidance is re-iterated as on target at the end of this quarter.Certainly think $7 is a reasonable target for July/August and $8+ by years end providing POG stays above $1,600 per ounce and production guidance is achieved.
No problem, MML definitely has trading opportunities as it moves around quite a bit.
The quarterly obviously wasn't pretty in terms of what was produced last quarter, but if your a long-term holder its more a blip on the radar and a buying opportunity IMO. If the share price rocketed below $5.00 then there would be cause for concern however I can see the share price rebounding well if FY12 guidance is re-iterated as on target at the end of this quarter.
Certainly think $7 is a reasonable target for July/August and $8+ by years end providing POG stays above $1,600 per ounce and production guidance is achieved.
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