good week, page-3

There are a few recent (past 24 hours) still reporting another T/O from another iron ore giant.

George Jones stated in a recent announcement (18/07/11) for shareholders to 'take no action at this stage' which tells me to hold as a shareholder.

Most recent announcement neither acknowledges another bidder nor denies another bidder.

http://www.hotcopper.com.au/asx_announcements.asp?id=321631

which also tells me cards are being held very close.

This has only just began and if anyone thinks Hanlong have control over the company, then think again. There are more players in the iron ore market which are more experienced and have alot more to lose if Hanlong take control of this gem.

Stay tuned.........there is alot more to come I feel.