the iron ore is setting the base for a solid share price and future dividends.
But arrium is also giving me the buzz you normally get from a penny explorer.
we have resource expansion drilling, but also a search for new resources within the tenements.
"The new high resolution magnetic data is expected to significantly assist a first pass assessment of the potential for both iron ore and iron oxide copper gold (IOCG) mineralisation within these tenements."
not only will I be waiting for the iron ore production figures, I will be looking forward to some drill results and exploration reporting in the coming mining quarterlies.
A nice iron/copper/gold find would just be the icing on the cake for this one.
ARI Price at posting:
$1.22 Sentiment: Buy Disclosure: Held
