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Re: grajekk post# 10950

Thursday, 11/18/2010 1:47:55 AM

Thursday, November 18, 2010 1:47:55 AM

Post# of 91121
FYI… In-ground iron minerals are valued at $1.00 per metric ton x total estimated tons – 65%, meaning average usable iron is given at 45%... This was the standard for many years; however, recently with the rust rush in progress, some iron deposits have been bought by anxious Chinese investors at $5.00 per mt In-ground….