Argonaut has a touch of BHP Billiton, Kingsgate Consolidated and the old Oxiana.
Why? Read on.
BHP Billiton because it has a project at Torrens that is larger than Olympic Dam.
Kingsgate Consolidated because it has a project at Century which lies on the same foldbelt that hosts Kingsgate's expanding Chatree gold mine.
Old Oxiana because it has a project 150km SE of Sepon gold project.
Also Kroombit has previously received promising results and will continue a drilling program around it. Close to infrastructure.
What price I ask? Currently 6.3 cents per share. This is priced as a dudd stock, hence an opportuniy exists for low entry level. Around $9 million in the bank and only 166 million shares on issue.
Limited downside, potential upside enormous.
a touch of bhp, kingsgate & old oxiana. 6.3cps
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