switch from wdr to shd

I use to follow and hold WDR brought in the high 30 cents range and traded on the up to $1.

I believed in the story and think iron ore in the NT is well supported from Government and investors.

I believe SHD is by far a better investment as WDR will most likely have to raise funds to finish off the haul road to Bing Bong port....

SHD has come along way and almost de-risk itself with Government backing, native title agreements etc etc and i feel will beat WDR into production.

Have a read of the last months announcements of SHD a 200,000 tonne sample will be sent to China from April this year and production to start around November.

The main reason i switched from WDR to SHD is due to the depth of WDR's resource it's very deep and SHD's outcropping so can mine all year round.

Read the drilling results WDR seem to be drilling deeper and deeper to prove up more resource, best of luck getting that out of the ground in Northern Australia.......

Nobel becoming tight with SHD is another reason for the share price jump.

I still believe SHD is just at the start of the good old days when WDR ran from 30's to $1 mark. I was thrilled to ride that wave and looking to do the same thing with SHD.

DYOR but its a good investment in my mind as you WDR followers know the area, iron ore type so do your own judgement.