As some one stated the other day the co. is willing to mine if the all the stats stack up. The main one being the ability to get the product to market from the mine site and on to the ships. The Daltons keep proving up the resources and there is two rail lines going past the door that go 90klm to port. Dose any one know if FMG or BHP are into contract cartage on there rail lines? The sp shot straight to 1.00 on the 14th ann then retraced back nearly instantly. Was this a flase start to news that some one was expecting but wasn't announced hence the rapid retracment. I am going to sit and hold with idea that there is to be a significant ann near term. Good grades, good location and hopefully some good guess work.
Good Times.
GIR Price at posting:
93.0¢ Sentiment: Buy Disclosure: Held