MOD - Phase 2

Having been with MOD since their March 2016 discovery last year it has been a fun and prosperous journey (up and down). This now marks the next phase of their development, no longer do they have to contend with several million dollars as per the initial T3 discovery, very few companies can turn around a discovery to resource in such time. The initial T3 resource plus the recent 75m discovery beneath it has delivered a platform on which to grow, raising nearly $15m plus increasing institutional recognition.

A $15m budget is equivalent to many small to medium mining size companies annual exploration budget for which the majority of this expenditure will be put into drill holes and sustaining costs associated. It will allow MOD to really test T3 and surrounding areas, the initial 52m for T3 and then T3-2 75m is indicative of something reasonably large and continuous for that amount of mineralisation to occur - a case of drilling it out.

MOD will continue to move through 8c then up to 10c, buyers want it back at 6c's and 7c's but (un)fortunately it will continue to grow, it won't go up in a straight line but $200m market cap is not unreasonable at this stage subject to further understanding of the 75m zone.

Looking forward to another 12 months. It is not only interesting profit wise but geological very interesting to watch a good story unfold.

GLTA.