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es1

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Alias Born 07/13/2009

es1

Re: hispeedsoul post# 132497

Friday, 05/31/2013 9:16:39 PM

Friday, May 31, 2013 9:16:39 PM

Post# of 165854
Considering the mine has a resource of 182.6Mt at 52.7% iron and iron ore is about $130 a ton for 60% iron they have at the top $2B
It is actually a small iron mine and the terms of the deal are not really that bad.

And since after all they got a check they are probably doing much better than SRSR.
There is also the security to the investor of being on a normal exchange and only 200M shares. With a 28M market cap they show how over priced SRSR really is.
Scott should start talking to India. The chinese are not going for the bait