The thing I find most interesting is the overall size of the mineralised system that the PolarX team have put together, the existing high grade resources already there and the many major anomalies - of different types - that have had an absolute paucity of modern exploration / drilling to date. These guys have a really strong technical team and everything is suggesting they'll deliver. If you were to take a project of this tenor and move it to, say, Australia it would be underpinning a value multiples on PXX's current market cap. Now, Alaska does have operational challenges in winter but it has a well established history of producing world class orebodies and mines. I've got no doubt these boys will deliver the next one.
PXX Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held