There are other examples as well RTR (low grade deposit).
This from an article by Barry Fitzgerald today - see my highlighting in bold."We’ve seen it before in iron ore. In the original China boom that petered out in 2011, there were a couple of hundred junior iron explorers and would-be developers on the ASX. They had a merry few years. But only a handful became producers.
The rest were left to reinvent themselves and in some cases, billion-dollar market caps were wiped.
Many fortunes have been earned and many lost in the past and many will be in the future.
The best investors make mistakes.
There are other examples as well RTR (low grade deposit). This...
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