don't forget that the drill results out today is just one part of the Beebyn project and is already along strike from the Mid-West / Sinosteel project, where they have been getting lower grades than GIR
you still have a mass of land at beebynganna hill, and the 4 other prime Iron Ore projects on the go...
From what I have been able to ascertain, we are looking at about 20Mt to 25Mt of ready to ship iron ore along the 6km strike line where drilling has just been done...
this does NOT include any other further upside from beebynganna hill, or any of GIR's other Iron Ore projects....
The company has already waived off Chinese buyers for these projects, preferring to get a resource identified first, to extract the most value out of their projects for shareholders....
agree with all other comments - this is not a day trading stock, but is a diversified metals play based on fundamentals....
IRON ORE GOLD URANIUM
and investments in a stack of other great companies, COPPER (PMH), ZINC (ZNC), IRON ORE (RHI), and URANIUM (UTO)...
more iron ore drill results to come out in the next week or so......
GIR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
