jubilee aboard massive iron ore targets, page-22

yes. that definately makes sense

No serious big investor is going to invest money in a big way in this project IF they didnt see MASSIVE potential and that its got the goods.

the second batch of drilling should tell us more and paint a more holistic picture

cant wait.

im not selling for the life of me .

This 'big investor' is what has convinced me that they 'know' they got the goods.

the next major announcement should tell all!

they even said they didnt think it was appropriate to release part of the drill results (as they did today), but rathe to release ALL the results together at the end of november.

Im thinking the next batch of results will be better - prob more marra mamba. Also we could see an accompanying announcement re this big investor and what kind of stake theyre taking (possible cap raising ?)

This will all come in conjunction with the negotiated iron ore price for 2008! (as thats supposed to come out in late nov/early december)

From a 'trading' point of view- why sell now, why not wait till second batch of results and more news re investor + iron ore price??

From an investment pov - looks like its confirmed that we have a MASSIVE deposit of iron ore here, and this is just the beginning! So why sell??

Im holding long term coz I believe in this coy and I believe in iron ore price fundamentals for the next few years with the spot price already at 130-140USD!

the 'jubilee connection' shows that its the real deal and they got the goods.