monster iron ore resource, page-25

I have been holding this stock for a long time too but not at the start which I guess would be at least 10 years. They have got lots of potential with the tenements spread around Oz and was quietly accumulating some 10 years ago at the height of the dot com boom.

As with mining aspirations I am not sure if that is their aim. They have achieved little in that spate of time but they are expert in spinning out IPOs which is why they never needed any capital injections through share dillutions. If you ask me they are looking more like the CFE model which is not a bad thing. SP wise I can't fault them because I can see a lot of nesr term projects finally like the Dalton deposit which can be trucked to port.