I doubt even on an amazing find from the EM conductor will see 20c+. Share price would need to go up over 66% on one announcement. MAN needs to show it has a resource and if the only positive is a deep EM anomoly I don't think that will move the SP, consistent good drills and assays will.
Also MANs core visuals were not good, just saying "we found Sulphides" was never going to be enough. The lack of chalcopyrite and pentlandite made the announcement marginally better than a duster and do not bode well for the assays. There are clear reasons why CPN and MAN both dropped after similar results, and Chalice rose after their announcements. Investors know what to look for in results and familitarity with the geology is important. Just trying to straighten some misinformation here. Not financial advice and please do your own research.
MAN Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
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