RE: MNP looks ready to EXPLODE! MNP will run and will not linger so low for too long. Its current cash is almost equivalent to its market cap and no premium is factored in for its share of drilling agreements, exploration rights or share of PMI ownership. It's at worst case scenario at this point and it won't take much for it to get back to the 10+ range. If there is positive news from anywhere it could easily double from this point. I think the huge discount is mostly for the overpriced management and extreme burn rate for the little that gets accomplished, which is reasonable.
50% gain from the 7-8 range is not unreasonable. I'll wait for positive material news before I expect anything above 12-13.