well said KL.Just came across this, KL, i thought you might like...

  1. 4,724 Posts.
    well said KL.

    Just came across this, KL, i thought you might like ;-)

    Brief coverage of POL by Bell Potters"

    "We would also like to provide a summary of some stocks at the speculative end of the market that, we believe, have potential. The information contained on the following
    pages has resulted from a series of personal visits by us to mine sites, as well as meetings with CEOs, geologists and mine managers. None of this information is new,
    however we believe that the potential of these companies may have been underestimated and, in our opinion, the share prices represent good buying. Please refer to the company websites for further information."


    "Polaris (POL)
    Current price: $0.65
    Shares on issue: 127 million
    Market capitalisation: $84 million
    Year high: $0.84
    Year low: $0.23
    Web: www.polarismetals.com.au
    ¡ö Iron ore play
    ¡ö Active drilling program
    ¡ö Will produce 5 million tonnes per year; aiming for 10 million
    ¡ö Railway line adjacent ¨C can cope with 5 million tonnes per year
    ¡ö Heron has strategic investment of 29 million shares (23%) and 14 million options
    ¡ö Spinning out Southern Cross Goldfields; lodge prospectus in December, list early in new year;
    300k/oz in portfolio from International Goldfields and POL; also nickel sulphides at Trough Well; POL
    shareholders will receive preferential allocation"


    source:http://epsilonenergy.hivedesign.com.au/_content/documents/553.pdf

    cheers.
 
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