but where will the next run come from? i mean its already run some 790% in a few days this year. i think the company will go back to fully focussing on diamond exploration when they realise how hard it will be to get port access and workers for the mine. i think it will be likely for for them to sell the deposit to some one like fortescue.
i think if you want an iron ore player to hold, then look at sundance resources, it has a billion tonne + deposit which it hopes to complete drilling for soonish. and its located in a safe place in africa, no labour shortage and has two iron ore mine locate close by and railway with port adjacent to the deposit. its share price is 49.5 cents and is tipped to go to $3.55 in 2013. now thats a buy and hold if ever
FDL
flinders diamonds limited
