Mareno rose on the tmx last night Australia time to 16 cents up...

Mareno rose on the tmx last night Australia time to 16 cents up 61/2 percent on the previous day. Now trading on the tmx at 16 cents.

Junior explorers always get belted around in volatile times and a less than well executed cr didn't help. The cr is due to be finalized at the end of the week. This should reduce the volatility and give the share price a more stable base.

The DFS is due out some time in the coming months, most likely kin my view some time between late July, August or early sept. doesn't really matter that much when except to short term traders.

MGO will be a great stock for the long term holder. When they go into production thi string has to be trading at a significant multiple of where it is now, unless it is taken out by a bigger player before hand.

The great thing about Marengo in a volatile market is that it is a great long term story. Even if it gets belted around short term, when the heavy machine rolls in we are sitting on something of great value.