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MDL mineral deposits limited

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arsenic

16,804 Posts.

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04/04/17

08:54

Post #: 23832345
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Originally posted by Ozprey64 ↑

Agree. Base Resources also run a mine. MDL only have an investment in a mine, similar to a Fund Manager with one investment. I may consider buying back in the mid 30 cent range, but only if I have a clear idea of what is really going on.
This management has not added any value to the company since it started production and have needed to raise capital when HM commodity prices have risen. Management changes are sorely needed.

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Given the major fund mangers have just pumped in up to 3/4 of the stocks market cap that's a rather bearish call.

MDL Price at posting: 45.5¢ Sentiment: Buy Disclosure: Held
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Ann: Commencement of Shipments from TTI, page-7

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