multibagger stocks - which ones?, page-18

Great thread.

HNR - is my pick, waiting for drilling results this month. Sitting on a price of 20c just over the $6M cash and $13M share backing (it owns WRK and AGO shares) and has had sucesses in the past and is well managed. More importantly it is sitting on a number of prime leases with multiple drilling results due in October. Sitting on 20c now and potentially could be $1+ by November with the gold drilling results from Lake Johnstone due and the Forestania nickel drilling due. Also heavily exposed to takeover action with AGO. It has just come out of a SPP cycle and has since climbed from the issue price of 15.5c.

I also like the look of NWE.