just remember there are a lot of 'iron ore' wannabes out there...the trick is picking the ones that actually are fair dinkum and avoiding the ones that if the iron ore boom busts, go and switch to the latest craze like widgets or heated toilet seats.
For example, i have no problem with WPG because its management is top notch and honest (its a spinoff from Platsearch after all).
Remember all those nickel laterite stocks that came out with massive nickel laterite resources...and never went nowhere (with the exception of Minara). Remember even FMGs spiritual leader lost investors many millions with Anaconda Nickel!!! Remember Gutnick and his Centaur mining.
Well the same will happen with many of the iron ore wannabes out there flaunting themselves. Dont be in these ones!!!
