No I don't think this stock is a dud, but it seems the market does. This is straight out of the presentation (below) for Argonaut released on Friday. Cash at hand value only is 5.5 cents, stock price is 5.8 cent. Tremendous buying opportunity. Torrens should be resolved in the next 2 to 5 months for NT claim issue. Once it does, this stock will absolutely soar, I have no doubt about it.
Torrens
The Torrens project located near Olympic Dam in South Australia is recognised as one of the most
prospective large Iron Oxide Copper-Gold targets in Australia and internationally.
a "dud" stock with huge potential-multibagger+
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