Given the way iron ore prices are running anmd the prospect of a merger between BHP and Rio still, there will be Asian buyers with big appetites running the tape abacus over this one if they can prove up a lot of ore. Have they got it? These Giralia guys are professional teasers. Looks to me a bit like amongst all the junk leases they got one that could be a biggie. Thats all you need. Not in the bag yet by any means.
GIR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held