Australian (ASX) Stock Market Forum

POL - Polaris Metals

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18 February 2006
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Has been on my watchlist for awhile,

Specy trying to get its Iron Ore plans off the ground,
Fortunes may have turned for it, recently ann a deal to get Heron's Iron Ore grounds + their MD,

Post Transaction POL will have a capital structure of

80m Shares + 20m 20c opies + 20m unlisted 20-30c opies

Which gives a fully dilluted mkt cap of 100m - 120m shares, at 20c = $20m

They have 3 projects currently
Evanston and Johnstone Range Iron Ore (Earning 70%) in the Yilgarn Iron Province,

Bullfinch Iron Ore (40% JV with Portman Mining holding the other 60% Takeover possibilities???)

New projects being acquired are all in the Pilbara Iron Ore regions,


Will also be doing a Uranium IPO wth Washington Resources, should be a good IPO



Watch this spec stock
 
It has been on my watch list as well.
Have you seen the mining news release today they are heading into pre - feasibility the rumor is that the DSO could be more than 5-15 mt. This is only one deposit there are 50 more to go.
I think there is a big future in this company.
 
Somethings up...and no ann! 20%, might cop a speeding ticket. I think this would qualify as a breakout as well, anyone like to comment on this?
 

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Polaris metals

Anyone know anything on this company. It is a spin off from Herron, looks like it has huge iron ore potential.
 
Re: Polaris metals

Had a nice breakout the other day Jemma, i posted about it in the thread POL, but no one was really that interested.

Cheers,
 
Re: Polaris metals

CanOz said:
Had a nice breakout the other day Jemma, i posted about it in the thread POL, but no one was really that interested.

Cheers,

Cana, I got in at 24 thinking it was too late. Looks to me like it can just keep going and the fact only you and I know about it is a great sign. ;)
 
Re: Polaris metals

imajica said:
I personally know the managing director of Polaris

will post any useful info when I can

Come on bro, i expected a higher standard of ramp from you! ;)
Oh let me guess, havent got a position yet?! :p:
 
Re: Polaris metals

Interesting. Why has it doubled in a month or so? Related to fe potential or the NTU IPO?
 
imajica said:
its no ramp, i'm not trying to deceive anyone!

I know the guy, that is all! friend of the family

fine, if you don't want any legit info I won't post anything

he said he would send me an sms a few days before any decent announcements


Really?, well keep that info to yourself unless you want to get your family friend into trouble. He should know better, or at least enough to share such info with people that don't gasbag about it on a Public Forum :)
 
Nice recovery Imajica :) .

I have a family concern in the only NATA accredited labratory in the Mid West region of West Aust (I'm sure WayneL knows the one). At times we test and also audit (in situ) tests from surrounding mines and there is lots of those up that neck of the woods.

I would never trade a Share of a Company that we were completing samples on, absolutely never!.

With that said, I am off to have some fairy bread and watch the wiggles :D
 
Re: Polaris metals

kennas said:
Interesting. Why has it doubled in a month or so? Related to fe potential or the NTU IPO?

Hartleys did a huge placement at 14c or 16c, nothing has changed since then, just the SP.

May be Hartleys 'stimulating' the SP to get some of their 7 and 8's out, but thats just me speculating
 
Its looking good! There is allot of rumor that that they have quite allot of hematite up there and its seems to be true as Malaysians would not invest that much at 0.40 per share (reed today’s announcement). Some people are saying that the capital cost of the project is few million.
 
The sp is going south.....
no ann........................
Anyone know something about why this company dropping ????
 
On the technical radar again. Came up on a VSA search as possible reversal also at the 61.8 fib level. Could also be low of Wave (2) on a weekly chart
 

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HI all im trying to attach a anouncement made today about iron ore discovery pol is up 40 % , i want to post so someone may be able to fill me in on the technical side, if someone has time could they post it or tell me how to cheers kevin
 
HI all im trying to attach a anouncement made today about iron ore discovery pol is up 40 % , i want to post so someone may be able to fill me in on the technical side, if someone has time could they post it or tell me how to cheers kevin
You need to go to Manage Attachments under the reply area.

Then you upload from your computer or add the url for the attachment. If the files large save as a giff.
 

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