Hi ,well some of us have been quietly buying MDS for months.The last few days suggest something is imminent.Perhaps a deal or JV with a major for a toehold in the Patterson area.It is evident in the map that MDS western most lease is heavily traversed by large faults,one of which runs all the way down from ABY's Nifty copper mine.A bit more research has also revealed previous good gold and copper hits on it's western edge.Then of course there is it's position on the western flank of ENR's recent discoveries.MDS's block which sits to the southeast of ENR is also traversed by a couple of significant faults.The hidden gem though may be it's block on the northeast edge of ENR which also lies just to the west of the world class Telfer discovery and slightly to the northwest of a block recently acquired by IGO.Perhaps IGO are looking to expand their footprint here.Remember too that NCM plan to begin to develop Australia's largest deposit of tungsten to the south of Telfer which would locate it just to the east of this MDS tenement.I guess a little patience and all will be revealed shortly .The action this week has certainly been out of the norm for MDS in recent months.I believe MDS's ground is prospective for gold,copper,zinc,manganese and possibly uranium and tungsten as well
MDS Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
