POCKETNEWS, yeah thats right here is the quote from the post:
"He has just hired a local well know Geo who will be focusing on these phosphate tenements. He will be working closely with a university graduate during the month of July walking the tenements, collecting rock chip samples etc etc before compiling all the data together which will identify potential locations to progress the program further. This will include the surveys and drilling. He hopes to have commenced drilling before the wet season in December and have results back before Christmas."
To me it appears that the MC is simply based on their gold part of their resource portfolio, with the coal and phosphate projects not factored in yet probably because they are still to meet their major milestones. Also with the gold price rising, the diversity of projects ensures a solid foundation on which a mining company can be built.
MNM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
