Well, on the positive side, we should know what McPhee Creek has to offer before the year is out. Could be quite large. Maybe we partner with a Chinese steel mill who will put down a railway to McPhee Creek?
I'm sure Atlas Iron would be eyeing us off, but probably don't, by themselves, have enough firepower for a takeover.
I'm sure Tony Sage over at Cape Lambert would be keeping an eye on us as well.
GIR Price at posting:
$2.20 Sentiment: LT Buy Disclosure: Held