Analyst Research Report Snapshot

Title:

MEDUSA MINING LTD - MORE AND MORE GOLD

Price:

$10.00

Provider:

Edison Investment Research

Date:

31 Oct 2007

Pages:

4

Type:

AcrobatPDF

Companies referenced:

MML.AX

Available for Immediate Download
Summary:

Medusa owns the Co-O gold mine which is centrally located in the company’s expanded 800km2 of ground along the East Mindanao ridge in the Philippines. In the last quarter, the company has been producing gold at a cash cost of US$248. Several months of successful exploration and drilling are starting to bear fruit, and should provide further resource growth in the coming months. With growing gold production, no debt and profits offset with considerable tax losses, shares of Medusa Mining appear set to continue in their ongoing upward rerating. FOR MORE INFORMATION ON ATTACHED RESEARCH PLEASE CALL 020 7190 1755 OR EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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