are mentioned in ten bagger quarterly, page-29

Hi

The following comes from a poster on SS on Oct 3 2007 ... should answer your question:


"Excerpt from ten bager quarterly... Not in their portfolio but they mention it as a stock to look into

1. Argonaut Resources (ASX code: ARE)
Argonaut Resources has about a 20% chance of finding the
next Olympic Dam, and an 80% chance of hitting significant
copper and gold mineralization at its Torrens prospect in
South Australia. Independent geologists have confirmed to us
that Torrens is the most prospective IOCG (Iron Oxide Copper
Gold) target remaining in Australia.
IOCG finds are rare – and hugely valuable. In fact only
three economic IOCG deposits have been found in Australia –
Prominent Hill, Carapateena, and Olympic Dam. Olympic Dam
is 2km x 1km x 400m thick and host to about 1.0% copper,
0.6g/tonne gold, and 300ppm uranium. Processing about 1.5
million tonnes of ore and overburden per day, Olympic Dam is
the largest planned mine in the world.
Torrens was actually drilled before Olympic Dam, because it
had a larger magnetic and gravity signature. However at the
time no one new what an Olympic Dam looked like and they
drilled the wrong spots. Now that two decades of native title
disputes have been resolved, drilling is set to resume in
November. If all dreams come true and Argonaut hits an
IOCG the shares will be a 75-100 bagger, and if it fails the
downside is modest given the company’s other projects."