multibagger stocks - which ones?, page-43

  1. 679 Posts.
    Hi Lazyfish,
    Let me elaborate further.

    Argonaut has a touch of BHP Billiton, Kingsgate Consolidated and the old Oxiana.

    Why?

    BHP Billiton because it has a project at Torrens that is larger than Olympic Dam.

    Kingsgate Consolidated because it has a project at Century which lies on the same foldbelt that hosts Kingsgate's expanding Chatree gold mine.

    Old Oxiana because it has a project 150km SE of Sepon gold project.

    Also Kroombit has previously received promising results. Close to infrastructure.

    What price I ask? Currently 6.3 cents per share. The market has priced this as a dudd stock, hence an opportuniy exists for low entry level. Around $9 million in the bank and only 166 million shares on issue.

    Limited downside, upside potential enormous.

    Lazyfish, I hold and have further buy orders in place.
 
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