Labrador Iron Mines Holdings Ltd (LBRMF)

[Steve P]

This Simantu mine has a lot of Ore that China needs badly.They are willing to build a mega construction and it will cost them 14 Billion dollars........14 Billion dollars.They say will finish in 2025, but it is Africa, may take one or two years more.Houston doesn't have so much ore as simantu, but the 65 million to start the project seems like peanuts.Again if someone sells at these levels even without news, practically doesn't know anything about the mining business or how mines work.Anyone who holds his shares will be rewarded bid time,because when this will go up, will not go down.