Shares in Medusa Mining increase 9c after 2010 vision revealed
November 19th, 2009
Filed under: Operator - Medusa Mining Ltd
Shares in Philippines-focused gold producer Medusa Mining Limited (ASX: MML) have jumped 9c following chairman Kelvin Tomlinson’s address at the company’s annual general meeting, where he revealed his plans in early 2010 were to focus on attaining its immediate target production of 100,000 ounces annually.
Following the address by Mr Tomlinson at the company’s annual general meeting this morning, shares in Medusa shot up 9c, or 2.1%, to $4.30.
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