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06/11/15

06:07

Post #: 16336603
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Originally posted by misstrump ↑

Long tails on the candlesticks technically indicating the bulls are coming in starting to feel it out, just testing the selling pressure before coming in for a major crack, investors starting to speculate on what's going to happen in this highly commercial area in Yukon - and then of course as announced on the first page of the recent quarterly we have the results of the scoping study on the Marg very shortly. From what I understand the market values the scoping study at 10% valuation to market cap of whatever the results come in at - so if we get a capex of 300mil market should rate mnq at $30 mil market cap. In the patersons broker report on the company's website pato's is saying the Marg hosts a outcropping of $US 2.5 Billion of insitu metal value in which this scoping study is assssing the commercial value so if the capex comes in $300 mil then at $30 mil market cap 10% valuation is 15 cents a share and this of course is not counting if Wolverine is re commissioned and fyre lake goes into production - with not much stock coming out on the pull backs this is setting up beautifully for a major breakout shortly

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Good post trumpy

MNQ Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
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