MDI 5.88% 1.6¢ middle island resources limited

Ann: Feasibility and Scoping Study Updates Sandstone gold project, page-125

  1. 584 Posts.
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    There was a poster on here called Corgi, great with the words and I'm sure he convinced a few of you to buy the top as the smart money were selling out. Gave me a hard time when I presented the facts.

    I said a consolidation was a starting point. However if you look at their landholding in Sandstone, it's nothing. I used this analogy before, AME is the envelope, MDI is the postage stamp. Upside potential is really limited, AME was the clear pick here.

    And now WGX bought MDIs shareholding and they sold it at a loss, what a farce. And WGX is looking for ounces to add to their mills in the region, AME gives them that. Who needs MDIs rundown plant, obviously they couldn't broker a deal with AME.

    I really feel for anyone who got captivated by people who were good with words.
 
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