Medinah Minerals (MDMN)

[RD759]

At last this company will have something to crow about.

Great. You've intersected a well-mineralised pod the size of a large refrigerator and only spent $2.5m to get there....

Grade spikes are only a distraction unless you plan to mine very selectively (which makes you an artisanal miner and not planning bulk mining of any kind); it's the average head grade that counts and nothing else.

I would hold off the bunting and celebrations for now.