aftermarket lounge for week 16 -20 apr, page-33

Would like to mention Metminco (MNC) as a short term-er from a FA perspective.

Currently has a copper eqv. resource of just under 1 billion tonnes at its Peru project 'Los Calatos'. Resource upgrade due before end of April expected to be in the order of 2.3-3 billion tonnes. This would make it close to the largest copper resoruce in the world owned by a junior/mid cap. Takevoer target without a shadow of a doubt.

Has had a decent rise in recent days as originally resource upgrade was expected mid year. Couple of strong closes on daily highs as well. Volume is relatively high.

Good article in the Australian today by Barry Fitzgerald.