Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: iro ore
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Re: iron ore

in response to
iro ore
by
bluebird
posted on Jul 20, 2009 03:40AM

450M tons at $90/ton = $400 B

x 20 % after (costs of infra structure and extraction) = $80B

divided by 40M shares = $200/share

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