facts not fiction

  1. 53 Posts.

    For your information, snapshot of updated comparisons of Midwest resource particulars and market caps (CommSec 30th July 2007, undiluted)

    Murchison Metals Ltd: Jack Hills Hematite Project 67mt @ 62% Fe (early 70’s, 04 prospectus), 17 deposits, + Weld Range Project (nil resource), producer + debt, MCAP $1,669M

    Mount Gibson Iron Ltd: Extension Hill/Tallering Peak & Koolan Island Hematite Projects 99.4mt @ 62.8% Fe (Apr 07), 10 deposits, producer + debt, MCAP $1,134M

    Gindalbie Metals Ltd: Mungada Hematite Project 22.8mt @ 61.9% Fe (Jul 07), 10 deposits, +29000m of drilling, + Karara Magnetite deposit 1.43bt @ 36.3% Fe, non-producer-debt?, MCAP $646M

    Midwest Corporation Ltd: Koolanooka/Blue Hills Hematite Project 9.8mt @ 57.6% Fe (May 07), 5 deposits, + Weld Range Project (nil resource), producer + debt, MCAP $569M

    Golden West Resources Ltd: Wiluna West Project 50.1mt @ 61% Fe (Apr 07 - Initial), 4 deposits, +36,000m of drilling, >8,000 assay results pending, non-producer, no debt, unencumbered, MCAP $157M

    DYOR

 
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