SRK 0.00% 3.2¢ strike resources limited

massive iron ore deposit, page-33

  1. 269 Posts.
    Ive read their ASX announcements. I dont post rubbish. You need to read up on terms such as indicated, JORC, reserve, resource, inferred. All have very different meanings. JORC is key and they will never get it. Even if they do the quality of ore is very very very poor. Do yourself a favour and check this out. Its very key to producing a sellable product.

    Let me tell you it going to cost them a lot more than $192m to get this puppy into production.

    Good luck! I prefer to stick with highly regarded ex RIO management. Time will tell......
 
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