But how can you say this ? Are you living in 2007?
For them to go into production they will need several million - yes they could lease wolverine but it is not like they take it over and it is immediately profitable. At the very least it will need some work and in that area it won't be cheap.
Now also ask yourself why (if this is so good) has no one bought it up ?? Simple answer - it's not that good.
Mary might be a decent resource but scoping studies do not move maker sentiment unless they are unbelievable - for every scoping study that has made a company rise more than 20-25 percent I would say there would be 30-40 that do nothing to a share price or even make it drop.
I hope I'm on here some time later this month eating my words but realistically this really will need a miracle or more.
MNQ Price at posting:
1.8¢ Sentiment: None Disclosure: Held