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Re: gumby10 post# 29059

Thursday, 02/24/2011 12:51:20 PM

Thursday, February 24, 2011 12:51:20 PM

Post# of 91121
They aren't going to use containers. That was an early idea for the bagged 1-3mm superfines,which they've said they will throw on top of the bulk 3-18mm ore. Then there was an option of storing the ore in containers at the port more recently-which could be used to load ore onto the ship-dump containers-but as you can see from the port ore staging area they rejected that idea.

They should be using a bulk carrier-I assume the ship will arrive next week-possibly Wed evening-2 days after "around the end of February." According to dd posted by others they should have enough ore at port at least for a 35k Handymax now and should be more.

The only people bailing today would be nervous nellies tricked again by special interest groups as "slick50' so elegantly described.

Read the summary dd posted just this morning if you are nervous. One week for ship to be loading would make no difference near term while 24 hour mine production and ca 16 hour/day trucking continue.