Reading from the May 3 NR one can find some really exciting comments.
#1-- The three Woodstock Manganese deposits represent one of the largest undeveloped manganese resources in North America. And that does not include several other deposits all the way to the south near the Maine border.
#2-- Resource estimate for Woostock are equivalent to a total manganese content of 12.3 million tonnes.Total manganese carbonate reserves in China are estimated at roughly 30 million tonnes.
Remember that China produces 98% of the world EMM. Buchans has in fact close to half of China's manganese. All this in 3 deposit. China in 200 deposits...
These are just a few reasons why I think Buchans is a fantastic opportunity at these levels.