With all due respect. Rail will do little to nothing for this...

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Cashmeoutside

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28/02/19

22:01

Post #: 37612011
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Originally posted by mikesurt ↑

Bearing in mind it is all hyperthetical until proven otherwise........the most compelling reason that MOD could be the best project [ not least that
they have just won an award for best junior miner of the year ] Is that ......[ with Cupric Canyon now funded and resourced and grade confirmed ]
MOD resource established initially at approx 1% of the 10000km2 licenced areas.........and upgrading ongoing on known domes,,,and many more
to be established, and revised method of exploration proved ? The potential is massive.....far more than any other mining project in the belt.
The basic fact is....MOD have 2 sites [ T3 & T20 ] already approaching the Cupric resource....and haven't even issued a DFS for the 1st one [ T3 ]
yet.? No wonder Sprott are heavily into MTR [ who have an even bigger area at 16000km2 to explore ] No amount of speculation can avoid
the fact that with dwindling resources globally, and degenerating grades.....the newly proving up of a vast new area of which the national Govt's
sharing the belt are creating a joint venture at Walvis Bay to bulk handle all ore in one designated port. This was started 2017 and likely to complete by end 2022, [ with a rail line extending 1000 / 1500 km N,East [ probably following the Highway route ]. It would appear that MOD
will lead the way in all respects..........And the true full belt resource is not even known yet, so the answer to the question....which is the most
favourable project to invest in at the moment [ sp 34c ] has to be MOD ] ? And the price of copper is about to escalate. Also MOD could
well be JV or taken over.....and it may be a trade war...in this respect......and it is likely to be in the very near future while the value is attractive.
DYOR and good luck.....Regards.

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With all due respect. Rail will do little to nothing for this project it will likely reduce transportation by 60% from 14c/lb to 6c/lb .. but it will take years for that to be built out so I wouldn’t bank on it. 8c/lb is little in the scheme of things.

The belt is unknown yet as you mentioned - thus far we’ve had a failed attempts from hana/discovery/BCL.. now MOD and Cupric are having a go.. it’s under explored but still unproven. I like ur optimism but it’s all hyperthetical as you mention in first sentence..

MOD Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
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With all due respect. Rail will do little to nothing for this...

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