PDY 0.00% 0.7¢ padbury mining limited

Great announcement again.Just to go over Telecom Hill again.My...

  1. 330 Posts.
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    Great announcement again.

    Just to go over Telecom Hill again.

    My understanding it is about 12-15 kilomtres in length and up to 1 km wide.

    They have drilled four successful holes over about 150m all in one line (see Telecom Hill cross section). From these four drill holes they got DSO grade Hematite iron ore.

    I can't see why it won't continue the entire length of the 12-15 kilometres, just at Telecom Hill.

    My guestimate for Hematite iron ore is 150 - 240 million tonnes. We wait until mid January 2010 - not long to go.

    This is a no-brainer to make money, massive upside.
 
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