MDI 9.09% 1.2¢ middle island resources limited

Ann: Drilling Progress Update Barkly Copper-Gold Super Project, page-5

  1. 373 Posts.
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    One "sour" drill hole in a high risk explorationist, in a program assisted with maximum NT grant funds, with substance in its approach doesn't define bailing out at this stage IMO. Still believe in their thorough analysis especially with the help and assessment by Southern Geoscience (IOCG find at the Luanga project for Bravo was a recent win & doubled their market cap). Nervous sentiment ATM with various investors but for me, happy to hold from another perspective as the market cap still nearly equals the cash/script holdings - they appear to be very prudent with their funds. I don't understand why various individuals would invest if they cannot stomach "under cover" exploration. Also not sure about starting another grass roots project - waiting for those exploration stages might be too much pain for many existing holders it appears. As I stated, all in my opinion. Letting my investment ride FTM !!!!!
 
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