ICG went to a $60mn mkt cap back in january on anticipation of its first drill hole at a potential porphory half way up a mountain in Peru.
A decent hole or two wou;ld do the same for MNM imo especially taking all the other projects into consideration.
Portphories are by nature deep so the holes are expensive and the assays take a while but all you need is some decent hits at depth and the majors come knocking.
Around 70% of the world's mined copper comes from porphory systems, so I am told.
EB
MNM Price at posting:
4.3¢ Sentiment: None Disclosure: Held