On the 17th February Michael McNeilly said in an RNS that what was under the known T3 resource would probably be a larger resource.
Today MOD Resources released an ANN (see here). Julian Hanna stated:
“This new intersection exceeds the width and grade of the overlying T3 resource which is several times wider than most copper deposits in the Kalahari Copper Belt”.
The disparity between MOD resources share price and Metal Tigers share price has become even larger overnight with MOD sp rising by another 15% on the news.
We await with interest the release of the MTR RNS this morning.
It is clear the Metal Tiger sp will re-rate. The only question is when and by how much.
We must by now have reached the point that anybody shorting the stock would be better off moving to other feeding grounds.