Rusty Ridge IOCG increasing in value As the minerals sit there, doing absolutely nothing, they are increasing in value. It is money in the bank. Olympic Dam type deposits are going to have another rise in the market according to Haywood Securities analyst, Geordie Mark." I believe that despite an environment of declining steel prices, iron ore Still Strong" Looks to me that Dr. Mark likes the Jr's.
Dr. Geordie Mark, a research analyst with Haywood Securities, focuses principally on iron ore, coal and uranium companies involved in exploration, development and production. He joined Haywood Securities from the junior exploration sector, where he served in an executive role concentrating on exploration across Canada.
Dr. Mark: For the time being, across the equities, we see a move away from risk largely independent of commodity. The juniors, in particular, suffer in the interim, independent of where commodity prices are going. Iron ore juniors have obviously dropped recently, but we do expect prices to rebound when commodity prices recover and risk appetite returns to the market. http://www.theaureport.com/pub/na/11613
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