iron ore resource estimate in nigeria, page-25

nic,

do you know why the BFE agreement was terminated, I cant find any mention of the the specifics of the termination. Was it BFE or AICO that was the cause of the termination

Unless we have some specific GPS co-ordinates you don't know for a fact that it is the same tenement. Furthermore, just because BFE did not complete the acquisition does not mean that EIO wont prosper because of it.

And it's no wonder that the ann's are very similar, Whiteley and Joseph were responsible for both the EIO and BFE one.

Hats off to whiteley and joseph ( and the EIO board) for making this happen and allowing is to profit from it.


There are plenty of stories of abandoned mines for one reason or another picked up by other companies and prospering because of it.

I cant see your point.