MFE magnetite mines limited

has roy got an estimate jorc on iron ore, page-16

  1. 9,286 Posts.
    Hardly any Fishhead...for 2008, none...

    not like late 2006, with UMC, AGM, CUO, JML, PLA, BMN, IMA, PRU...can't remember them all...

    for 2008 i like ROY, MAK has already performed, WPG will do well if it gets a port, EMS is dubious but if it meets its promises will be a multibagger...

    BRM was one, but I sold early but did not hold many..

    Apart from that, most a just gambles...

    after cashing in most of my 2007 stocks, i bought 50K each of ROY, MAK, CVI, EMS as my big bets...

    also holding too many MUR (100K) and GAU (120K)...

    i think the iron ore sector is good...

    but ROY is my pick for a no-brainer but it is still a gamble...four Pilbara tenaments in great locations is still not guarranteed success..

    however UMC was the last no-brainer I called, albeit naively...sold 36K from 30 cents at $1.32...and still holding 20K..



 
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