mgx is looking very good due to start mining in first quarte 03 signed contracts for 3 mil ton pa of iron ore 1.5 mtpa for life of min 1.5 mtpa for five years with a company option for another 5 years production to increase to 5 mtpa by 005forecast $8 per ton profit $24 mil pa 10 year mine life with potential to increase to 20 year mine life. massive resources great fundamentals another portman in the making.wrongway
