long term potential

I don't mind the slow pace of progress as every month I get to top up my holdings from my meagre salary and build my position.

This is a long term project with a mine life in excess of 20 years.

Over that time period, the Australian dollar will rise and then fall again, the ziron supply will have stabilised, the European debt crisis and problems with Greece will be a distant memory, lack of lending by the banks and the collapse of MF Global will also be forgotten.

The highest risk in any project is the start up and it is so important that the right financial terms are agreed with the right partner. If it takes a bit longer then so be it.

Gunson is certainly not an exciting stock, but the long term outlook is very positive with the Research Reports indicating the price potential.

Not everyone has the ability to sit tight and be patient and if everyone thought the same as me, then there would be no sellers. Now that would be boring!