homevendor ... . LUCKYs Agree, this is the one. China needs lots of iron ore & copper. VALE can't ship them fast enough to meet the demands in China. Quite sure that VALE's geologists & experts checked the whole peninsula before they staked every square mile of unclaimed land. Whatever minerals under the ground, China will buy it. The USA will buy them too. Newfoundland, the future is looking good.
YES ! and an update is about due. It will be 1 yr in June. Im sure Vale hasnt just sat around for one year doing nothing. They have the Lucky option with KAT and more importantly all the land around Lucky so Im sure theyve been working on it in this long interim and we shd see some news soon. By May/June 2011, the pps shd reflect that :)
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