It feels sometime that MOD is taking much and delivering less. But I think one has to keep in mind that before T3 the stock had hard time, and it took some time to find T3. MOD has a very big land holding and not that easy to find the resources, or put in another way. The resources is not over the whole land package, just look at Cupric Canyon.
So probably we need some patient. But T3 Doom is near starting and hopefully T20 Dome can start this year also.
But I must say that if you look at the presentation page 15 it actually looks like the current drilling that has been done at T3 has made our resource quite bigger. Or other opinions? Just lets hope that the picture doesn't looks better than it actually is. But the answer to that should be due in June.
Also have a theory to the dull SP movement. As I know the SP skyrocked when T3 was discovered. So many has a lot of profits. So maybe it's required lot of patient here also.
MOD Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
