Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I commented previously on London and Australia-listed, Philippines-focused gold producer Medusa Mining (MML) earlier this month. Earlier this week the shares suffered a bit of a setback on the company’s publication of its quarterly activity report (to end December 2012) which has spooked some investors into selling. On balance that is, in my view, a mistake.
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