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http://www.giralia.com.au/reportDocument/Bell%20Potter%2018Jun10....

  1. ajshakey
    41 Posts.
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    20/06/10
    15:28
    Post #: 6820263
    http://www.giralia.com.au/reportDocument/Bell%20Potter%2018Jun10.pdf

    Bell Potters opening line:

    "McPhee Creek shaping-up as one of best assets in Pilbara."

    Followed by:

    "Recent?strong?drilling?results?at?McPhee?Creek?indicate?GIR?has?discovered?a?
    substantial?hematite?deposit.??We?estimate?the?resource?growing?to?200-300mt?
    of?Direct?Shipping?Hematite?Ore?(DSO)?material."

    New price target of $2.45. Moving from Neutral to Speculative Buy.

    They are starting to confirm some fairly sizeable numbers across the southern section of McPhee Creek. Close to surface. DSO grade. THICK.

    Looking forward to seeing the rest of the results come through over the next few weeks.
    GIR Price at posting: $1.99 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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