Labrador Iron Mines Holdings Ltd (LBRMF)

[Steve P]

This company $LBRMF will make us all rich , the only issue is when ? The Gold (Iron Ore) is there, we only need to take it out.Don't forget that they will start with Houston but there is Taconite as well with 32% Fe about 1 bil to 1.2 billion tonnes from both sites, Elizabeth 1 & 2.I hope we have good news very soon.In 2015 Kearney said that to operate with profits they need prices at least $70 to $80 per metric tonne.Now all projections for the next 3 years show the price of Iron Ore 62% Fe , to be between 120$ the lowest and 170$ to 180$ the highest. As for why people sell at 0.28 and 0.30 i don't have the answer but i believe Einstein covers me 100% :
He said: Two things are infinite: the universe and human stupidity; and I’m not sure about the universe!