MOD 0.00% 43.5¢ mod resources limited

Why so quiet???, page-4

  1. 1,516 Posts.
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    @Mangohippo Where did you read or hear that that the maiden resource would claim a 'Tier 1' deposit in the Phase One JORC?

    MOD have consistently updated the market with their rapid 6 month campaign to get this small part of T3 to JORC and the scoping study will provide more detail in this very early stage of exploration over the 11600 sq km licence area.The JORC covers well under 1% of the entire area, so I'm not sure how any wise investor would expect this report to 'claim a Tier 1 deposit' so early in the exploration.
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    MOD have also reported very promising finds at other targets (T2 West T2 East, with T4,T5 etc to follow) which will all undoubtedly add to the substantial volume of copper and silver already noted.

    If the market is impatient, that is normal, but to throw the baby away with the bath water at this stage would be reckless IMHO. My strategy is that I have built my position as a LTH , I believe in the company and quality of assets, and shall sit and wait rather than throw my investment away in the infancy of this project.
 
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