MRD 0.00% 0.1¢ mount ridley mines limited

Undervalued SP, page-48

  1. 492 Posts.
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    This stock wont have immediate gains but I think is a reasonable mid term, albeit high risk punt. The high risk could be matched with high rewards but it's not an immediate thing. Grades appear high with a fairly large amount of gold historically mined from the local area. There's alot of work to be done but this company seems well on its way to kicking those goals. Next goal is to get the head of the rig spinning and a steady flow of drill results to precede maiden resource figures. There immediate target is directly down dip of a high grade ore body!!! How likely are good results?
 
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