STTCOMP MDI FA Long
Middle Island Resources Limited is engaged in exploration activities in West Africa. The Company is engaged in carrying out exploration on its tenements, reviewing tenement opportunities and applying for or acquiring additional tenements.
This is a revenue and speed to market tip. They've just bought a project that houses 480K oz gold (JORC 2004). 480K oz * $1700 = $816M
Processing plant is in place. Anticipated production around 18 months.
Market cap only 11.92M
Company Symbol Quote change (%) Last price Price Change (52W) % Volume (M) Average Volume (M) Volume / Average Volume Shares Outstanding (M) Market Cap (M) GICS industry group 1 Middle Island Resources Ltd MDI -6.82 0.04 975.58 5.09 1.16 439% 188.7 11.92 Materials
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