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RXM & MNC are best advanced Cu explorers with max leverage to Cu...

  1. 1,132 Posts.
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    RXM & MNC are best advanced Cu explorers with max leverage to Cu price. Soon to be announced drill results for MNC from their mammoth Los Calatos is the best of best. Though it is too big to be developed in near term. In terms of potential SP upside both have $35 per share in Cu in ground but MNC is only 40 plus cents whereas RXM is > $2.00.

    The upside in MNC is so great you cannot be out of it. Sure it is 1/10 the size of Eschondida but it will double its JORC in the next round of drilling. It is slowly as a massive deposit, just like gravity, moving towards becoming another monster deposit of CU & Molybdenum.

    This maybe not the best answer to meet your specifications but as I read elsewhere on HC in a comparative analysis of all explorers & producers, MNC is more than just interesting. It is a once in a life time experience just like Olynpic Dam was to WMC before BHP took it over. Olympic Dam was a lot for WMC to develop. So too with Los Calatos.

    please DYOR. Please check out spreadsheet under contribution by "Adequate"
    http://www.hotcopper.com.au/post_single.asp?fid=2&tid=1332377&msgid=7498836
    really interesting data there, thanks Adequate your efforts much appreciated.

    wbddrss
 
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