Iron ore is hot now. There are a few juniors ready in production in 2021. We have reviewed a couple of them. One is Fenix Resources and another is Strike Resources.
Today, we just did our review on Strike Resources. It is ready for production iron ore producer. But it needs the financing to start the production.
Once it starts production, it can get back the total $15.7 million investment in a matter of months.
The resource is too small. It is the No.1 issue for this junior.
The report is in Chinese.
.https://mp.weixin.qq.com/s/Lhz0JOu3UaJ38WQDLYeFuw
Case Study 37: Is SRK ready for production in 2021? in Chinese
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Mkt cap ! $15.03M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.7¢ | 5.1¢ | $201.7K | 3.404M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Change
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| Last updated 15.55pm 02/05/2024 ? | |||||
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