MDI 13.3% 1.3¢ middle island resources limited

Ann: Middle Island to demerge Barkly copper-gold assets, page-25

  1. 76 Posts.
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    There’s a lot of angst out there regarding the dropping POG and that has now discounted most gold stocks by around 50 percent from their highs last year. But every single market analyst believes that gold will make moves up in future due to stimulus measures. To me that means a discounted market right now with a bright future. Copper is also forecast to continue to rise with all ‘green’ tech using it in spades.
    I’m happy to invest my money where there is more upside than in vastly over priced markets with more risk to a down side. I think going against the herd when investing is a good way to not run over a cliff with all the other lemmings in future. MDI at current discounted levels IMO should have plenty of up side - maybe not this week, or this month, but as something to hold on to. Maybe like a ‘classic’ car , they were cheap once but now ......
 
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1.4¢ 1.4¢ 1.3¢ $2.619K 200.2K

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3 349000 1.3¢
 

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1.5¢ 136723 2
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