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Re: joeblow110percent post# 3056

Tuesday, 03/10/2015 8:26:09 AM

Tuesday, March 10, 2015 8:26:09 AM

Post# of 3480
IMHO nothing you read on this board about Fe grades, sulfur, the price of iron ore or anything else matters at all.....so what do you have? World class dirt? A road for the Baja car race every year?

1) You can't sell iron ore because of the high, very high percentages of sulfur
2) prices of iron ore is so low it makes your FOB cost higher than everybody else's delivered cost
3) no reserves, no drilling, no permits,...NOTHING
4) nobody raising money for this "world class" dirt
6) The cost to mine gold at 1gm a ton is below the world price and it will take at least 8 years for any mine to get into production

So, how will this stock be multi dollars by June/July?