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8,355 Posts.
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14/04/11
08:38
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http://www.datamotion.asia/ASX/ELS037.2011.pdf
Best thing about Mother Nature is it deposits minerals in certain area.
How large is Pilbara region, probably as big a entire Victoria alone. But all top Iron Ore grade comes from Pilbara regine.
Same story goes.
1)Why most oil in Gulf Only?
2)Why Pilbara is Iron Ore Rich ?
3) Why most coal is in QLD ?
Same way LYC and DMN are in same Geological Area. Survey has derisked it.
Give 12 to 18 months and we will know approximate JORC of DMN. May be bit earlier. Patience pays big reward.
Again Risk Vs Rewards are there.
After reading all reports, I feel comfortable with DMN Rare Earth Potential. Gold Assets need to be checked.
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