Here is a small cap Iron Ore, Nickel, Gold company that has flown completely under the radar, drilling results for the Marillana Iron Ore Deposit are due any day, this deposit sits next to the BHP rail line and the middle of the Iron Ore Giants, BHP,FMG,RIO,HANCOCK. Previous drill results when owned by Hammersley was around 60% fe and it has a strike length of over 10km. These drilling results could catapult YML into the limelight and out from under the radar. With a deposit located right in the middle of all the major infrastructure I'm sure some of the big boys may become very interested if a resource of some size can be proven. Also has two very decent Nickel projects one a joint venture with MRE the other the Carr Boyd Deposit is awaiting the release of a feasability study into a high margin open pit mine. With just a market cap of $12 million and cash on hand of $4 million is is a bargain. Don't miss out before the release of the Marillana Iron ore Deposit
YML Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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