Australia's largest stock trading and investment forum Australia's #1 stock forum

MOD

Click for more information

0.00%

43.5¢ mod resources limited

Was it over valued then = yes. it 10x'ed on speculation after...

First 20 Last

Share
Profile

Follow
GetGreedy

40 Posts.

8

29/03/19

10:34

Post #: 37925195
Share

Originally posted by Pmys: ↑

I was just looking at MOD's Share price between 2017-2018 and it was hovering between 50 - 60c. In the same period, Copper was averaging approx $2.80.

Since then MOD has effectively proven T3 as a producing mine, still has a huge region to explore and has hit some copper targets and copper is $2.86.

My brain is tiny and the share market is not my main squeeze (for this very reason), however, this does not make any sense to me.

Was MOD over valued back then or is it extremely under valued now?

Expand

Was it over valued then = yes. it 10x'ed on speculation after first discovery hole and then gradually sold off.
Is it under valued now = yes, imo. Solid DFS, huge land package with much exploration potential. Looking forward to further 2019 drilling.

MOD Price at posting: 34.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

PFE

Pantera begins drilling of maiden test well at Smackover

There are more pages in this discussion • 1 more message in this thread...

First 20 Last

Add MOD (ASX) to my watchlist