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Re: microcaps1 post# 90487

Monday, 11/27/2017 11:17:57 AM

Monday, November 27, 2017 11:17:57 AM

Post# of 91121
58 to 59% iron with sulphur in the ore. How does it have value right now?
Delivered price for this low grade ore is under 40 dollars in China. Most of ore sitting in the port ( 120 million tons) is low grade.
Mexico is importing iron ore.
66% grade is 80 CFR.

Let me know what value this mine has?