Ann: Iron Bear completes pilot pellet production run, page-43

There was a lot of discussion. Too much to put up now as I am pressed on other fronts. i was shot down in flames when I told the BOD that it was criminal that the website had not been updated since it was put up 4,326 years ago. There is a new updated site as of last night.
We asked about the other projects. And if there was any value in them. The answer is yes. Asked whether it is worth the money and manpower vs iron bear and the answer was that they are trying to realize value from the various projects.
They had a small sample of the pellets that they handed around. Very solid looking units, very well made. I was expecting more weight in each pellet but impressed.
Asked about the need to increase the resource. Jeremy Peters answered that it was not to increase the resource but to ensure the best composition of material was mined and maintained.
Asked about the haemetite recovery. This is not really on the radar. The project is concentrating on the magnetite. My initial thoughts are that you have dug the material up, ran it through the mill and have to dispose of it. Although it would basically be money for jam, do you put material that you may make $20-30 per tonne on a train and on a boat in lieu of material that you are making $100 a tonne on?

Loud and clear RM is onboard and this is going to it's full potential. PB is fully aware of the true value as is the BOD. They are aware of the quality of product. Thus I hope that there is no acceptance of any low bids.