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Message: Research Report; MMY; rating Buy; price target 0.78 CAD

Research Report; MMY; rating Buy; price target 0.78 CAD

posted on Jan 13, 2010 07:57AM

http://reports.finance.yahoo.com/w0?r=47411876:1

Unfortunately this report is not free but inside you have Buy recommendation for MMY with price target 0.78 CAD and that is more than 100% gain.

Actually in report you can read that let say that price of Gold will be stable at 1050$ for next Years and then we can calculate fair Value for MMY 0.78CAD, Gold is even above 1130$ right now so you can imagine that 1 CAD is also possible for this Gold producer.

Also in report you can read that news will be out very soon about second phase what will then give production of 40000 Ounces per Year.

All in all great times are comming for MMY, so it is good time to buy MMY before next big news.

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