MOD 0.00% 42.5¢ mod resources limited

Best Undeveloped Copper Projects (Apr 2016), page-5

  1. 259 Posts.
    lightbulb Created with Sketch. 18
    The T3 resource and its progress through pre-feas/feas etc makes this a good, growing story and MOD a very good hold at these levels, esp. with the macro story around copper/supply deficit. But where the potential is in the short term here is the drilling of the 14 km extension as they hunt for more T3-type deposits. If they report another intersection like the second hole at T3, something like 50m @ 2% Cu from memory, well, a doubling of the share price is probably the minimum we could see. MOD have said that this drill programme is the priority for the new year, so theoretically a new discovery could come any time from Jan onwards. Good luck with your investments elsewhere, but imho there are very few stocks with such prospective ground and potential for near-term newsflow.
 
watchlist Created with Sketch. Add MOD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.