zAngus

$MML:ASX - MEDUSA MINING - Chugging along

Long
ASX:MML   None
Probably be harder to find a miner not doing well at the moment. Nice chart. Indicators look good. Might get some consolidation but steady chart that could be worth a watch.

Added it primarily because of its presence in the Philippines just for something a bit different. Be interesting to see how Gold mining in that company pans out - pun intended.

Medusa Mining Limited (Medusa) is a gold producer, focused solely in the Philippines. The Company is engaged in mineral exploration, evaluation, development and mining/production of gold. The Company's segments include mine, exploration and other. The Co-O mine infrastructure projects include E15 Service Shaft, Mine Ventilation Project and Level eight exploration development and drill stations. The Company's other projects include saugon gold-silver project, Tambis Project: bananghilig (b1) gold deposit, Barobo Gold Corridor, Lingig (Das-Agan) Copper Prospect, Kamarangan Copper Prospect and Narrow Vein Mining. The Philippines project includes the tenements comprising the Apical and Corplex Projects. Within the Company's tenement holding, covering approximately 590 square kilometers, work is progressing on various other gold prospects, as well as various copper prospects. Its subsidiaries include Phsamed Mining Corporation and Medusa Overseas Holding Corporation.

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