ASX penny stocks – resources – Western Australia – Julimar
NOTE: Tim Goyder has become a legend in Australian mining history. Not only the share prices of his three companies, CHN, DEV, and LTR have all risen by more than 1000% without any production in 2020/2021, but he has advocated a new mineral zone, the West Yilgarn Ni-Cu-PGE province, 1,200km x 100km, which has been increasingly endowed by many penny stocks explorers. The Julimar Belt is 80km away from Perth city and was used as farmland.
In the Julimar region, apart from Tim Goyder’s CHN, DEV, and his two spin-offs CPN and MI6, it also attracted Peter Wall’s PUR and MAN as well as S2R’s side tick TRT.
At the end of the day, perhaps only Tim Goyder’s team would be capable of understanding the ground, thus MI6 would be the best bet.