I agree it would be difficult to find 20 at any one time, but I also would not restrict myself to PNG. I would only expect to find 4-5 a year, and based on my previous post only 1 every 2 years would really pay off.
In PNG, GOA would be my next best. They have some drilling results at Crater Mtn that look highly promsing and a lot more to come. Another Peter with PNG success behind that one.
Elsewhere, there is VOR (still has lots of ???) and not much else that I can see atm that could potentially have a world class deposit. By world class I mean a mutli-national would be interested in buying it. Also sticking to Au and base metals (ie not considering iron ore and coal).
I am sure that there will be lots of people chuck their favourites in. But I am looking for projects where there is only limited drilling and huge potential. So they will still have significant risk, but before the share price has taken off and become 10+ baggers.
A couple from the past few years are:
SFR - I bailed too early for only 4 bagger
IAU - saw too late to make a $
FNT still have a lot of boxes to tick, but to me the current story is compelling (but high risk)
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0.4¢ |
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Mkt cap ! $8.553M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $2.1K | 600K |
Buyers (Bids)
No. | Vol. | Price($) |
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61 | 61883540 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 8696254 | 10 |
View Market Depth
No. | Vol. | Price($) |
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57 | 59761874 | 0.003 |
32 | 33742944 | 0.002 |
8 | 60790000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 8290169 | 8 |
0.005 | 15908499 | 26 |
0.006 | 15507872 | 14 |
0.007 | 9286878 | 12 |
0.008 | 4901777 | 6 |
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