- Worse case scenario including fully diluted shares from Magna still less than 300 million shares in the register & 70% held by the top 20.
- Copper assets ongoing in Canadian spring/summer 2016 in preparation for the cycle to reverse in 2017/2018.
- Gold acquisition to come early 2016, hopefully one with near term production potential.
- Major shareholder Bob Healy
- new Chairman Frank Terranova
Whilst it may be reasonable that the market currently values MNQ to be around $2.5 million, the opportunity for growth based on the facts above is considerably higher compared to many other junior stocks.
Above IMO
MNQ Price at posting:
1.1¢ Sentiment: None Disclosure: Held