I believe that regent will buy bc iron soon , reasons i believe...

I believe that regent will buy bc iron soon , reasons i believe consolidated are willing sellers at the right price , i believe they are using there leverage in bc iron to sell there mindy mindy deposit , in other words ok you can have the golden bc iron shares but you have to buy mindy mindy.( i believe this is true as when the rumour came out in the financial review management at bc iron were very quick to deny it ) Consolidated have said before iron ore is not there business.All parties i believe were waiting for the court case where one of the most important areas in the tenement was in dispute unfortunately for consolidated they lost this to ammon therefore at least both parties can now put some value on mindy mindy which is a perfect fit for what bc iron has done before. Incidentally consolidated have been drilling read there annual report the tenements last year big time.

Regent have built up a core portfolio of iron ore deposits , full ownership of bc iron is essential for them.

The fact that we all know bc iron has a 20 year mine life and the 55% fe upgrades with the high loi to a top product. Apparently bc iron are working hard to find out if through benefication they can sell the ore at a top price. Well guys there not finding the cure for aids are you telling me something which is so important yes doubling the minelife which totally changes the whole dynamics of the project no one has taken a little bit of the ores mixed them up , sent them to china which would take less than one month a worked out what the **&& they have !(COME ON THERE EVEN STOCKPILING THE STUFF)

Yes its not that difficult bc iron has im betting at least a 30 year mine life. Management said they would have all the benefication results by last june .And now the most important thing has been blown out another year.

The take over is coming and shareholders and ASIC WILL demand a valuation of the company be done fairly and this must include the beneficated ores. Consolidated can not up the price of mindy mindy and sell off nullagine cheaper Asic will be all over them , (im not saying they would do this just speculating)

Possibly bc iron have decided to announce i suppose as there release today all the beneficated ores in one hit, however that means one more year until we are told the full truth of what we have.

So management have a duty to do what they can to raise the sp , so why not give the results as they flow , why not do a share buy back . It seems there doing everything they can not to get the sp to rise.

Im sure thats not true and just my creative imagination , but thats why i believe TAKEOVER.

My creative imagination will be working overtime when we get the dividend announcement, it should be at least 20 cents, but be careful bc iron that might put the sp up , why not give us something like 6 cents . Because you can get that much money in the bank so why own the shares.Yea that could work!

Bc iron is worth 12 dollars .In a world of honest decent people that would not steal THE COMPANY CHEAPLY OFF SHAREHOLDERS. But there are many ways to steal some by a gun some by a pen. Big business will always try and buy companies cheaply i acept that , management have a duty to defend the price and release reserve upgrades as they are discovered.