a potential resource rich "multibagger"

Well it's almost the end of April"

Hi All

This Stock will be a chart stopper, MNC is a huge potential near and long term "multibagger":

I have highlighted some snippets from the previous article(very impressive released 18 April 2012):

1. "In this market, the interest is more squarely on the pending resource upgrade."

2. "About a year ago you would have paid 45c for the stock. Yesterday, you could have picked it up for 17.5c".

3. "..there is no rational explanation for the share price dump."

4. "If anything, it can be said that Metminco's value story has become three times as good as it was 12 months ago. That's because the company is within a couple of weeks of announcing an updated resource estimate for its Los Calatos copper-molybdenum project in southern Peru."

5. "The last resource statement, released in August 2010, was a none-too-shabby 926 million tonnes grading 0.51 per cent copper equivalent for a contained 4.7 million tonnes of copper equivalent."

6. "The expectation is that the new resource estimate could be as much as 3 billion tonnes of material. Assume a similar grade and you are talking about some 15 million tonnes-plus of copper equivalent. It is little wonder, then, that Metminco has been the subject of takeover speculation involving Poland's 32 per cent state-owned KGHM, which has pushed in to the Andean copper belt across in Chile with the $US2.9 billion ($2.8bn) acquisition of Canada-based Quadra FNX."


NOW PLEASE LOOK AT THE MNC CHARTS AROUND AUG 2010 :-)

Good luck all