MDI middle island resources limited
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Same, holding ARS aswell, waiting to the third party...

  1. Corgi
    2,636 Posts.
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    28/05/20
    17:21
    Post #: 44900517

    Same, holding ARS aswell, waiting to the third party report.

    Watch out for AUC (Aus Gold), they have been developing their prospect for over 8 years, Positive scoping study done. 1.2 Moz resource. Scheduled to get updated in Q3. New system adjacent to the current deposit recently discovered.

    During 2011 they had a Market Cap of $120 Mil. Their current Market Cap now is $15 Mil....and their prospect is so advanced now.

    IMO, easy pickings! I've parked a fair bit of money there. Like MDI, in the next 24 months they will either be mining or will have received a TO bid.

    They were on the radars of a TO back in 2018..


    Last edited by Corgi: 28/05/20
    MDI Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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