Heron is in good position to benefit from the two biggest iron ore/nickel companies in the world in BHP and Vale
Vale is currently attempting to takeover Xstrata and of course BHP is at RIO so both companies are about 1 and 2 in the world.
Heron controls enourmous and prime nickel territory around central WA which is one of the few nickel territories in the world. Heron might yet be the centre of a tug of war between the two. Current selling however is like the rest of the market, subject to margin pressure selling and off shore institutions.
If you believe in the nickel story then Heron is a key player.
Rockford
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