MNR looks to have hit bottom and is now rebounding. Further drilling results are due soon. What attracts me to MNR is:
1. market cap of only $43.5 million (similar to THX but with the runs on the board - I do also have a buy order on THX in the low 80s - I sold at 88 the day before it ran - timing is everything!);
2. after disappointing follow up results MNR appears now to be drilling in the right directon;
3. MNR has more than $8 million in cash and receivables including funds from recent placement at $2.10 (placees included BHP).
It all depends on the drilling results but plenty of upside here.