one cheap ironore multibagr towatch this month, page-20

  1. Novac
    6,850 Posts.
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    17/05/08
    19:56
    Post #: 3728956
    What I am saying is that at $200m, if drill results don't support the large target of over 300mt @ 58% Fe it will fall hard.

    A lot of risk at the current market cap with no drill results.

    If it was a JORC 300mt @ 58%Fe, then yes it would be cheap.

    Good luck with FDL
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