These are the sort of thoughts I was putting together.
Quite hard to interperate the various parts of the announcement without full assays, and drill locations aren't that clear,, but when I sat down the second time to go over it properly, there is nothing underwhelming about the mineralizations hits and the spacing between each hole, and the potential to be a major new source of copper for T3 plant.
Much bigger than T1, so far sounding very similar to the T3 in regards to orientation of the mineralization. Very encouraging NPF thicknesses, which despite the depth, has the potential to extend outwards much further than the central mineralization above the dome and if it can maintain 15 to 30m thickness, makes for another potential UG project..
All forward looking, so assays and more holes will tell the actual story,,, but our neighbouring explorers would be over the moon to have this discovery first up and would gaurantee a bagger or two on their market caps,,, while for us here at Mod it's a potential second mine on the doorstep of our proposed processing plant,,, and the market has throughly and 100% ignored the value it adds..
Makes me feel safer having my money here long term, and also with the same headache everyone else gets when you wonder how Mod shares continue to go down..
Maybe on the third or fourth dome with 50m plus hits will we get some recongnition.
This will be a nice money spinner one day for a major producer.
S32 is the front runner for me.
MOD Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held