With POLARIS METALS NL [POL] & PORTMAN LIMITED [PMM] breathing down your neck anything is possible.
sure it's down the road and wont happen tomorrow.
but with some serious drilling in the first half of 2008 things might get interesting if grades stack up.
currently 40mm fully diluted, market cap $18mm
lets say 10mm tonnes..
possible revenue on $50~$60 tonne =$500 ~ $600mm
in ground value $20~$25 tonne = $200mm ~ $250mm
even at this point you have a 10 bagger plus in the making.
the above might be tempting for either POLARIS METALS NL [POL] & PORTMAN LIMITED [PMM].
anyway here's hoping for a successful drilling campaign.
With POLARIS METALS NL [POL] & PORTMAN LIMITED [PMM] breathing...
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