take a look at GWR's Market Cap (even at these levels) and divide it by the resource base
do the same for all the other iron ore stock you track
it is still waaaaaayy down on this simply measure.
not a water tight comparison but when you throw in the fact GWR's grade at up there with the best of them (even before todays run) the stock is still too cheap.
this chould easily be $1.00-1.50 imo.
any sort of take over speculation will get the SP there in a week i reckon
GWR Price at posting:
51.2¢ Sentiment: None Disclosure: Not Held
