Ann: Excellent drilling results from Yerecoin mag, page-3

re: Ann: Excellent drilling results from Yere... Very, very, very big project - on an order of magnitude greater than a small DSO operation which can access cashflow quite easily. Hence not so attractive (unless times are good - which they are not of course).

But you have hit the nail on the head, its near port, rail, road, and gas infrastructure which puts it in a league above other Midwest projects

A key topic going forward though the coarseness of the magnetite. That is probably the largest impediment to the Midwest deposits being eventually developed. They are very fine grained and consequently require enormous amounts of beneficiation (read energy - and from where?).