Ann: Quarterly Activities Report , page-2

Buena Vista iron province with:
? The largest land holding in the province;
? The largest mineral resource and mineral reserve position in the province;
? The most advanced development project in the province;
? The best access to infrastructure, water and easements in the province;
? Access to a dedicated multiuser rail siding;
? An agreement for a port allocation sufficient for all Phase 1 tonnage.

This seems to justify more than a market cap of $28million, with a listing both on the ASX and Canada. Anybody have any views? TFP