santa barbara reviving la japonesa iron ore mine, page-14

re: santa barbara **tropical updates** Thanks Poly.

I'm alot of things but I aint no ramper.

I see huge potential in ADY but actions speak louder than words.Everything Phil Thomas has said he would do has happened, so at 100% track record, I'm hopefully that this percentage will remain the same.

Strenght in a stock is when it meets its targets and not one concern is raised, its an expected result. Thats what ADY need to do.

I think this stage will come when Chile starts and we finally see something come out of Rincon Salar.

When we start shipping ore and making lithium ect, that will reinforce the objectives of the board and CEO.

I'm personally a angry for buying in at 18-16 but who could know. If it was sitting at 30 cents, people would call me a genius.

I'm happy to sit here picking up small amounts but I'm at a loss when you look at FMG, yes they have 100 million - 400 million more tonnes but guess what, they won't start production until 2007 and need hundreds of millions of dollars to develop infrustrature. Will it get off the ground?

ADY have min. 41 million tonnes (I think it could be 90-110 million tonnes personally), transport and infrustructure completed from previous mine opperation and start production in September. Who's kidding who here?

What price is FMG and on a p/e ratio I'm a little lost why someone would buy that stock when they wont even start production at the earliest date mid 2007?

Simple rule - feed the demand not demand the feed

You want ore - we will get you ore

Simple marketing proposition and I think ADY is the trick