MDI 0.00% 1.6¢ middle island resources limited

Ann: Sandstone Feasibility Study, page-77

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  1. 76 Posts.
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    I’m on the same page as you Eddy. The drilling campaign at Sandstone has at least found some reasonable gold reserves that even at current prices is worth something and I’m hoping some pleasing results will come from the Barkly nearby gov’t drilling. IMO MDI was overly punished this week considering the 50 percent drop from Aug 2020 highs even before the announcement and with Barkly there could end up being some surprising extra value. I haven’t lost a cent because I didn’t sell one share of my quite substantial holding. From crises can come opportunity as some buyers this week are probably thinking.
 
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