Hi Everyone
I've been thinking a lot about comparisons between EIO and other West African iron miners.
SDL has come a long way with its large JORC resource and DFS, but still has a long way to go with building its infrastructure. ( 2-3 more years!? )
LEG has access to rail and port, but seems to still have some ways to go before it can establish a JORC compliant iron ore resource. ( has it found any iron yet? will it ever get a JORC iron ore resource!? )
EIO has the rail, port and the JORC iron resource (by jan 2011).
It seems to me that EIO is in a very good position.
And with directors buying, shows a very good sign.
Anyone care to comment with regards to comparing EIO with SDL or LEG?
Thanks!
Ren
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