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01/09/17
17:48
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Originally posted by RhysT
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I can't remember where I read it, but regarding their sale of the gold project in NZ, they said that it would most likely be profitable, but wanted to fully concentrate on the Copper.
They were also asked if they would be open to looking for further projects or tenaments, but their reply was something along the lines of,,, we don't expect to habe to look outside this region for many many years...
They are obviously quite confident in the region and increasing the exploration budget to 10mil is fantastic..
No point believing the goods are there then taking 10 years to prove it up..
They have proved so far they can complete a drill program economically, so would not up the budget just to throw money away...
This company has hussle...
Held too many explorers that feel like they're dragging weights behind them..
MOD from my experience so far are running this ship like pro's, and hope for everyone they get a huge return from every drop of the exploration budget...
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Both MOD and MTR are fantastic buys, starting buying into MTR today, Sprott is inside with a big position means MTR will see a mega ramp in the next 2 -3 years . Expect both MOD and MTR to be mega baggers, we can take our pick.