I know its's the Jewish New Year, and it's also the Equinox and I am dosed up on medication for this blasted flu...but I had a VISION. If and only if we found some Fe2o3[SG. 7.874] and it was 50% grade......and if it were in a deposit 100 metres deep and a 100 metres wide and it ran for 1 kilometre , we would have. ....100x100x1000x.5x7.874 = 39.37 million tons of DSO . This would have a value of approx. @ Aus$90 = $3.5 billion Australian Dollars. Now,at this stage,I may have become dilussional, dont we have multiple kilometres of strike length? Big operators are moving 25 /35 million tons per year we may have 20 to 50 years worth of deposits on these tenaments.WARNIG...WARNING This is the rantings of a madman but what if there is a shed of truth in the big picture this company could be worth BILLIONS !!!!!!
PDY Price at posting:
4.6¢ Sentiment: None Disclosure: Held