MDI middle island resources limited

I have nothing against SBR but it’s not comparable to MDI. SBR...

  1. 390 Posts.
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    I have nothing against SBR but it’s not comparable to MDI. SBR is pure speculation. MDI has assets, resources and IMO will pour gold in a perfect POG and M&A climate. Backing near term producers is smart money at this time due to the economic conditions. Backing infant explorers at this time is the same as backing them at any other time in the past 40 years. My one exception to this is TSO - because that’s a massive resource and even with the current exploration frenzy Tier 1 deposits are and will always be hen’s teeth. Whoever is selling MDI today at 1.9/1.8/1.7 is selling a near term producer (with existing infrastructure worth more than it’s entire MC) at the beginning of the best economic climate for gold producers in 40+ years. GLTAH
    Last edited by GuardianAngel8: 20/10/20
 
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