The southern-most RC drill hole at Shillington includes an intercept of 3m at 6.86g/t Au, while the northern-most RC drill hole at the Ridge Prospect includes an intercept of 3m at 8.77g/t Au, both of which remain completely open and undrilled beneath cover to the southeast and northwest respectively. • Other infill and extension
Has anybody run the numbers on what this could be worth if the motherlode is between Shillington and Ridge Prospect?
I think the above statement by Mgt is the most crucial I have seen and why I bought the stock at 1.35 cents
I would have to think that 100% probability of something substantial between Ridge and Shillington 1.5 km strike length.... From a geology point of you cant not have something in the middle of this thing....
AUD 38m market cap at 1.7 cents USD 1700 on gold @ 0.6974 going to be good
If it hits paydirt this thing will run very hard and quickly short term need to break 2 cents and think it could get to 10 cents very very quickly. 2132m shares @ 10 cents would only value it at AUD 200m.
Really looking forward to the next 4 -6 weeks and Rick drilling this deposit hard
Looking at Daily and Weekly charts for MDI I'm seeing:- 5, 8, 13 and 50-period Moving Averages all trending up and diverging on Daily chart. 5 and 8 MAs are starting to converge on Weekly chart.- A MACD crossover late on Thursday 28th May (positive) indicating a buy signal
MDI Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
