Hi Crans,
Argonaut (ARE) has numerous projects it could do well from. A previous newspaper article has given it a potential of Multibaggerx100 and that was when the share price was 44 cents (if successful with Torrens). All other projects would still warrant a nice rise, but not as significant. Not heavily diluted like many other companies and around $9.2 million in cash. Bottom trawlers should do well here at this level with limited downside and huge potential.
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