Remember 5-6 years ago when the resources sector was at its...

Remember 5-6 years ago when the resources sector was at its prime - and any exploration companies with a sniff of decent hematite , or copper, gold, or even coking coal(!) - led to huge spikes in share price & market cap.  Some were pushed up so hard that even the $50 million MC mark was breached.

Clearly, those days are no longer - and now we're experience plenty of "spikes" with the technology sector.

But nothing lasts forever, and the market has been shown to be nothing but a cycle...

Therefore, counter cyclical buying is the key

The copper price is expected to bounce, and bounce very quickly.




What MNQ has to offer:

2 Big Copper projects in the Yukon, Canada
- 1 with potential access to a 750mtpa processing plant & thereby reduce $150 - $200 million in CAPEX
- the other beginning PFS with a current NPV of $150+ million, ready further expansion in the Canadian spring & summer

Upcoming near term producing Gold acquisition
- management announcing their intention in gold to provide early cashflow & increase wealth for shareholders

Major shareholder - Bob Healy
- the man from Orange, NSW who notoriously held his Paladin shares from 2c to $9 during the Uranium boom & currently holding over 10% of MNQ

Management with track record
- the man with proven capability to increase company value as he had done with DML, MII and AVI


Conclusion

The market cap is currently peanuts. Time to buy is now.  In my opinion, a solid investment for the medium term as we watch the copper price swing back towards sound levels.