Another tenement bites the dust ....

Yet another tenement has been forfeited or allowed to lapse, and this one is one of the Admirals treasured iron ore tenements. Not much left now .... except for those "pearlers from the past" quotes .....

My favourite from the past “near future” long ago pearlers is:

March 2010 ….. “The Company plans to fast track the development of a mine with production expected early in 2011”, MD Mr Robertson.

This Mr Robertson fortunately is not representative of the WA mining community; remember words are cheap as many of his “pearlers from the past” have demonstrated time and time again.

Capital loss now only, as it has been for the last five years whilst others get paid ... sickening ...