Hooray! A post on the LML forum. But mate there has been a bit...

Hooray! A post on the LML forum. But mate there has been a bit over 4 grand chucked at LML today. 28,500 shares. Not really my idea of significant volume. I long for the day that the volume goes 'bang'.

I'm peeved that the SP has dropped below the RI price of 15c - on principle more than anything else - but I was happy to see that the offer was almost fully subscribed.

That promotional video thing they did was very nice and all but let's see some more drilling results. I was going to phone John but what could he tell me?

Iron Ore stocks seem to be suffering a bit at the moment. It's a bit annoying as I have a few. There are predictions of a supply glut in 2013 and 'experts' are saying that unless they have high grades and low costs companies will struggle. Well LML can get the ore to port more cheaply that almost anyone else and the grades are reasonable. Just need a resource update.

Anyway I still think the world needs iron and plenty of it so I'm still back the commodity for now. Not as hard as I'm backing copper, but still I'm still bullish.

God knows how the LML SP will go this year. They've got some extra cash in the coffers so let's hope that the drilling proves up some good grades and plenty of Fe.

I continue to be patient. When is that Chinese company gonna sweep in and seep LML off its feet?!

Good luck for all LTs. Let's hope pateince is rewarded. I still firmly believe in this company.