MDI middle island resources limited
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Gold price continues to rise, so it is difficult to know what is...

  1. Ausbert
    1,148 Posts.
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    08/07/20
    23:29
    Post #: 45736232
    Gold price continues to rise, so it is difficult to know what is going to happen to the share price. However, it is important to be aware that over 150 million new shares have been added to the registry and new holders have paid only 0.7 cents. They can sell these new shares at 2.3 cents a piece resulting over 200% return in just a matter of days. I would be surprised if selling pressure does not increase from now on. It is irrational to think otherwise.
    MDI Price at posting: 2.3¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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