Hahah 3500, I may be biased also but I concur. Have done buying that one, have accululated as much as I could under 30c, will just let it ride for the next year or two. $1 is not out of the question IMO in that timeframe.
One I have been trying to accumulate, but is very hard, is TRO. Highly leveraged to the price of Zn, TRO should do well in the next 6 months. They currently own some great ground in NSW, and own the Woodlawn mine. They have government approvals to restart that mine, but are currently looking for funding. The mine has an impressive JORC.
My feeling is, if there was ever a time to recieve funding, it would be in tHe next 6 months or so, as cash in bank is low, and Zn and Cu prices have been climbing, and are projected to rise in the next year or two, and aud is falling.
Currently, the chairman, Dr Gill, has bought around 20m shares. He was the one who founded AUR, and was takenover for 4b dollars by Teck.
Also keep an eye out for TTE, that dog will have its day in the next 6 weeks. They will be starting on a very aggressive drilling campaign, where they have an estimated $120m of oil sitting in the ground. It is a big dog with fleas, but I think it can turn around due to high oil prices and great assets.
