dont shoot the mesenger, page-8

Thanks turboprop...yes many here arent interested in the magnetite but look at what grange has done next door then Maks magnetite deposit once sured about may be worth 100 mill to them...ie sell it to rio and be out.

Yes 1200 ks is a fair distance...but many companies use the rail line that goes past tennant creek to transport their resources suxh as TTY...the biggest hurdle in my mind is the 200ks from the mine to tennant creek...once its their no probs.
Agreed lots of work needs to be done...if it was already done we couldnt buy mak at these prices.

results are expected in the 1st quarter i was led to believe for the fluorite tungsten.

Agreed there are risks but once again thats why the stock is trading at a substantial discount to if there werent any.

It reminds me of AGO last year who knew and everyone else did through previous drilling they had 1 1 bill tonne magnetite deposit but they were still trading at 90c...once they jorced it and did a bfs they ran to $2.70
The phosphate deposit has already been drilled...risks are very low on this imo

cheers