Rio to break ground at Simandou!!, page-78

Good article. Since that article was written, the drilling is well underway with 3 more rigs due shortly. RIO has also made further positive comments about the project. AMD is hoping for some early luck, but we should take note of his comments. It may take a bit of drilling before they get what they are looking for. 40km is a lot of strike to play with. I tend to top up in the match. 0.004 is nice considering the stock traded at 0.045 all day with the odd sale at 0.005. Look for the rest of the week to chew through the flippers on the placement before some news. I would love to see that 50m @ 60% hit he dreams about. That would give the stock the energy to run toward the old highs and probably break them with any luck.