It's a good question and probably one that I really can't answer as all I have done is interpret the announcements. The volume is enormous especially since todays announcement was only about a desktop study. Too many people have missed out on MAK and RWD so they are probably willing to have a punt.
The other thing I'm not sure on is if they are over diversifying. It may be a good or bad thing.
My gut feeling is that it will consolidate before moving on but who knows what will happen in the short term. The market will decide.
An interesting thing was that I haven't found an announcement about getting the Mantle Creek tenement in Dec/Jan. I got it off the market update in April.
Cheers Bungi2
MNM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
