Your post is a mish mash of unsubstantiated assertions,wishful thinking and bombastic nonsense.You have no idea of how CITIC(not "cities")is progressing and your comments about Africa are meaningless.Africa embodies high sovereign risk,the large deposits there are only in the embryonic phase.Sundance will require the construction of 500km of railroad thru virgin jungle!Clive Palmers iron ore is close to the Chinese,with no sovereign risk(I take it that U understand what that is)and CITIC,s huge magnetite mine will be producing shortly.Please get your facts right B4 posting.CITIC will be a huge success and kidos to Palmer.He has amply demonstrated that Magnetite projects of this size can be developed.I believe it is highly likely that he will achieve similar success with ARH which is next door to CITIC.
ARH Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
