please explain, page-22

"Kwaidan ... only a fool would put forward the hypothisis that this resource once proved up will not be mined ... "

What makes you think that a 10metre thick layer of iron 50metres down is economic to mine?

Only a fool would think that all resources are economic to mine. Just look at SGW, PAS, MRE, to name but a few.

FMS need the assay results from the lab to confirm the thicknesses. You'd be looking for 57% Fe grades in particular. Visuals are great, but has the company said anything about turnaround times?

As an investment - FMS has many questions left unanswered.
As a trade - FMS has been providing fun to hundreds of people for months.

Joel

My sentiment: It's your money - do what you want with it. Trade, invest, gamble, give it away to charity, or stage the most expensive fireworks display in your suburb.