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Gabo Mining Ltd V.MDL

Medallion Resources Ltd. is focused on mid-stream separation and purification of rare earth oxides and salts (REOs) based on Ligand Assisted Displacement (LAD) Chromatography, enablement of upstream processing using the Company’s proprietary Medallion Monazite Process (MMP) technology, and marketing of magnetic REOs (neodymium, praseodymium, dysprosium, and terbium) to downstream rare earth permanent magnet producers and consumers. It has developed a process and business model for extraction of rare earth elements from monazite, which is a phosphate mineral that is a common by-product of heavy mineral sand operations. The Company holds exclusive rights to the patented LAD Chromatography rare earth element (REE) separation process developed to separate minerals from all raw material feed stocks excluding coal sources and recycled materials from manufacturing wastes and recyclates from battery and magnet sources. It is investing in the development of LAD Chromatography.


TSXV:MDL - Post by User

Post by gnote1on Nov 17, 2020 1:56pm
866 Views
Post# 31915515

Don Lay - insider

Don Lay - insiderJust curious, usually worries me when an Insider sells shares in their company.   Maybe not so much in this case as MDL is executing and is ready for a SP rewrite if all things line up in the next few months.

Don has sold a few hundred thousand shares since Sept and continues to sell as of Nov 13th.  He still has 3 million shares in his account so its not a big percentage but since, the SP has had a steady decline from the thirties and low forty.

Anyone have any thoughts? (needing money is always one reason).  
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