Perhaps to I should add to my post that I guess BMY is a...

Perhaps to I should add to my post that I guess BMY is a reasonable potential as a take Over Target.

Interesting post from Profit Taker on the AGO thread about their EGM:
http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=679314#2915945

Of Significance:
"* AGO has tenements covering 9,500km2 in the Pilbara, resulting from ground they picked up themselves and 15 corporate transactions they have completed. The strategy is to acquire large holdings near existing iron ore mines and infrastructure. This strategy has delivered a discovery cost of only 50c per tonne and the lowest capex for a new iron ore mine in Australia."

BMY is right next door!