Research paperHere is aprt of the report update issued by UBIKARESEARCH
Highly discounted and has high base fair value: Based on conservativeestimates on ‘in situ’ value at the current moly prices, we believethe company’s current market value should be at least 267% higher at $0.17 pershare.
?
Upside potential: We expect MPH, based on all drillingto date, to significantly expand its current sizable NI 43-101 resource by upto at least 50% and possibly more. Wetherefore rate MPH Venture a SPECULATIVE BUY, with a 12-month target price of$0.31 per share (a 580% return).
Now all we need is the new anticipated news release and we should see a good pop.