MDI 0.00% 1.7¢ middle island resources limited

Ann: Significant Mineralisation Intercept , page-3

  1. 5,183 Posts.
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    There should be interest in MDI Nathan.

    This is a good company IMHO, with excellent management, a group of very experienced gold geologists from Newmont, and some prospective tenements in West Africa (Burkina Faso, Niger, Liberia - spreading the risk).

    Currently am happy to hold as a medium term gold explorer investment, from a 30 cent entry.

    Encouraging drilling results to date.

    You are right about the market cap.

    Drilling in Q4 2011, and Q1 2012 may extend the recent results, and uncover some further interesting ground, at least it would seem that Newmont believe so.

    Glad to see someone posting here.

    Cheers.

    Gw
 
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