LNR 0.00% 0.4¢ lanthanein resources ltd

andewa project drilling demonstrates excellent, page-56

  1. 1,195 Posts.
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    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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