hematite here we come, page-6

Great announcement again.

Just to go over Telecom Hill again.

My understanding it is about 12-15 kilomtres in length and up to 1 km wide.

They have drilled four successful holes over about 150m all in one line (see Telecom Hill cross section). From these four drill holes they got DSO grade Hematite iron ore.

I can't see why it won't continue the entire length of the 12-15 kilometres, just at Telecom Hill.

My guestimate for Hematite iron ore is 150 - 240 million tonnes. We wait until mid January 2010 - not long to go.

This is a no-brainer to make money, massive upside.