How would you like to multiply your money 31 times...

How would you like to multiply your money 31 times over?

According to Edwards, the Meteoric Resources NL (ASX: MEI) share price was languishing at 1.6 cents on 5 December last year.

But, as of Monday afternoon, the stock is going for 22 cents.

That makes Meteoric Resources better than a 13-bagger in the space of just over 12 months.

Just incredible.

Edwards, who personally owns the mining stock, explained the meteoricrise.

"Earlier this year, Meteoric Resources acquired the Caldeira project — a tier-1 ionic clay rare earth element project in Brazil," Edwards told The Bull.

"The tenements are among the biggest and richest in the world."

And now the big boys are apparently circling.

"Speculation exists that this rare earths junior is a potential takeover target," said Edwards.

"I have a 12-month price target of up to 50 cents a share."

A 31-bagger in two years? Not bad.