MDI middle island resources limited

Ann: New assay results from Old Town Well Sandstone gold project, page-16

  1. 2,637 Posts.
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    Management executing to perfection. Another box ticked. Shallow open pittable resource with a low stripping ratio.

    Near Gold Ready Production is where the value lies. Huge Short-Medium term margins.

    Just look at what RDS recently acquired! They are planning to process an old Tailing Storage Facility! Kind of clever when you think about it. 6,300,000 m3 (15,120,000 tonnes) so probably at least 90,000oz gold + contained within the TSF!

    Soon the junior producers will be getting plenty of attention as the mid tier and top tier miners are already valued near perfection.

    https://hotcopper.com.au/data/attachments/2338/2338916-8474eddc8961cd503ca524de8dc57e7e.jpg


 
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