Ten Sixty Four Ltd. (MDSMF)

[davidjk]

hello,anybody out there? anyway medusa produces an ounce of gold for around $250. while most other miners it costs them close to $1,000 an ounce. medusa is just finishing a mill upgrade from 1,000 tons per day to 2500 per day, should be in action within 30 days. it did cost them on there production this year, but boy will it make up for it next year. the company expects to produce 200,000ounces next year at a cost of $300 an ounce including royalties. they are developing another mine not far away from this one (in philippines) they predict by 2015 they will be producing 400,000 ounces a year. wow. and they were just giving a dividend, but since the new project will be self funded, they decided stop dividends temporarily. it all sound like a homerun to me. i just got back in for under $2 a share today, a steal. i wont watch the ticks too carefully. ill check back in 1 year and in 2 years i will see $25 SP. what else could i ask for?