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With highs of 4.6-4.8 last year I'm surprised this hasn't gone up to at least 4p with this incredible news on the results.

Live price @ 1.9p and rising

The £100,000,000 profit sounds fantastic, just the news this company needs, lets hope the deeper drilling results will be even more prosperous( no doubt they will be).

This find of resources has been compared to Asarco's by an independent professional. http://www.asarco.com/ Check out there share price. I've worked these drilling results out to be worth aprox. 100,00,000 pound profit.

Be patient. Rome wasn't built over night. Microsoft was once a penny-stock and the fundamentals in this business are good. Just wish they would shift there arse and start getting the pay dirt out the ground! how long does it take to drill a few holes?!

Minco will be absolutely massive, its just a matter of time. They have decent holdings in other successful companies, and a foreseeable profit of over £100,000,000 in open cut pit mining. This along with deeper drilling results yet to be announced will catapult this company into double digit share prices.

The volume of shares available is large. The news is great, but its not money in the bank...yet. Once work commences and profits are announced to the public along with successful deep drilling result this share will rise again. Similar company Asarca is worth $2.8billion today.

This is a fantastically cheap and undervalued share! $1 billion dollar business in the years to come

With deeper drilling results yet to be published Id say the market cap was close to 200M (18%ofCAD850m + deeper drilling results) at the least, don't panic and sell because you may live to regret an excellent investment into a HUGE amount of resources and capital.

Im £100 down. How is this possible? a 100m+ on their market cap and it drops less than it was last year? Something doesn't seem right

whats MM? market makers?

This company has MASSIVE potential. Cant wait for the deeper drilling results, anyone have any idea when work will commence?

- accounts I am unsure. I believe they are doing further deeper drilling to discover further assets. They have discovered deposits similar to 'Asarco' which are now valued at 2.8 billion. Asarco mined nearly 17 million tonnes with only a 1% zinc content. Minco has proven to find much higher percentages and with deeper drilling they will no doubt find even more resources pushing their market cap even higher.

Just look at their website. They have discovered resources that will make them £100 million profit, with the land they own 100% of. They will be open pit mining 3000 tonnes a day!!. The market cap is 10m. Doesn't take a genius to realise this is a hugely under-valued company. Also Minco has a 2% stake in an Irish gold mining company that has found large amounts of gold. I have invested as I know the potential here is huge!

Seems interesting enough for a buy, but seems like a more long term investment imo