Looks to me they are setting this up to run for the drilling at Cyclops. Interesting target they have there. Don't really like the big claw back Teck get but I suppose if it's any good you end up with a ready partner for the project.
The Yukon prospects seem like a harder ask, seasonal exploration and lots more capital required to earn-in. It begs the question, why didn't the Canadians get this across the line and what makes anyone think MNQ can get those deposits across the line with commodity prices at their current lows?
Might be worth putting money in to participate in the Cyclops drilling. Long shot, but the reward for success is large in that part of Australia.
DYOR IMO
Eshmun
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