soaking them up, page-3

DD, I remember hold this "dog" when it is at $1.7. Now you are happy, right?

Cannot help to have a look at this one, and pull a research report done by Bell Potter in May 2007. There is a very interesting table about several iron ore hopeful. After 8 weeks, it is so much interesting:

AZR (use MGX): +120%
CFE: +40%
GBG: +160%
GRR: +45%
GWR: +3%
MIS: +80%
MMX: +110%
SPH: +100%
SDL: +210%

SRK: +22%

Everybody else does not improve their resources basis by big margin, just iron ore hot air, SRK is significantly legged behind.

Now it becomes the cheapest in the group.

If people are willing to speculate SDL with absolutely no JORC resources yet(I hold SDL) in an African country, I guess soon or later they might have found value with SRK.

Just compare SDL and SRK, they are both have geopolitical risk and transportation issue. But SRK is much cheaper right now.

I will put this one on watch List.