Hematites are what the chinese interested at the moment, the mag stuff is for the future. There are more and more Junior Iron ore players poping up saying they have lots under the ground.. FDL, BRM but do they have any Buyer or JV? GBG have sound management and already drew up the entire business plan.
As for the SP, unforunately Shorters love to play with GBG. as u can see today Shorters are having a hoilday :-)
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held