stock with greatest potential, page-7

Argonaut Resources (ARE) - Undoubtedly has the greatest potential of any stock. It has a project at Torrens that is bigger than Olympic Dam. It has a potential to be Multibaggerx100 if NT clearance is obtained in the near future. It is sitting close to cash on hand only at the moment. Resolution should be finalised with NT claims in the next 2 to 5 months and is currently in court. Once completed this will absolutely, positively sky rocket. Around $9 million cash on hand and only 165 million shares on issue. Only 6.6 cents per share. Plenty of other quality projects could also see this share price flying. Well off its high of around 80 cents. It had a write up in the past that it could be a 75-100 bagger and that was when its share price was around 50 cents. Here is a chance to buy in cheap. Limited downside, enormous upside potential.


Other great potentials are:

HAW - Predominantly iron ore and gold stock, although has an exposure to other materials. Northerly tenement of Mt Bevan untested for iron ore for future evaluation. Over $4 million in the bank and under 1 cent per share.

RMI - $13 Billion JORC world class nickel resource. Under 1 cent per share. Feasibility study to be concluded by the end of this year. One director is currently spokesman for Baosteel (China's largest steelmaker). JV a possibility. Expect a lot of action very soon on this one.