fundamentals only

Snapshot of updated comparisons of Midwest resource particulars and market caps since quarterly reports and market correction (CommSec 30th July & 2nd August 2007, undiluted)

Murchison Metals Ltd: Jack Hills Hematite Project 67mt @ 62% Fe (early 70’s, 04 prospectus), 17 deposits, + Weld Range Project (nil resource), producer + debt, MCAP $1,669M & $1,586M

Mount Gibson Iron Ltd: Extension Hill/Tallering Peak & Koolan Island Hematite Projects 99.4mt @ 62.8% Fe (Apr 07), 10 deposits, producer + debt, MCAP $1,134M & $1,036M

Gindalbie Metals Ltd: Mungada Hematite Project 22.8mt @ 61.9% Fe (Jul 07), 10 deposits, +29000m of drilling, + Karara Magnetite deposit 1.43bt @ 36.3% Fe, non-producer-debt?, MCAP $646M & $621M

Midwest Corporation Ltd: Koolanooka/Blue Hills Hematite Project 9.8mt @ 57.6% Fe (May 07), 5 deposits, + Weld Range Project (nil resource), producer + debt, MCAP $569M & $477M

Golden West Resources Ltd: Wiluna West Project 50.1mt @ 61% Fe (Apr 07 - Initial), 4 deposits, +50,000m of drilling, >11,000 assay results pending, non-producer, no debt, unencumbered, MCAP $157M & $152M

Food for thought only.

DYOR