MDI and CAY have moved up well off their lows this year without any new news. These companies still have low capitalisations because not many shares have been issued.
If they find something the market likes then who knows were they will go to. Last year MET ran to 90 cents on the basis of some good drill results, so why not MDI.
I like MDI's tenements, but they have a long ways to go to prove anything up. MDI is worth a small punt, which is all it is for me at present.
loki
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