md was general manager at newmont so he should know his stuff...

  1. 13,252 Posts.
    md was general manager at newmont so he should know his stuff but like all of you have to make own call
    but once something goes ahead its hard to buy at 30 cents when not long ago it was 17 cents but as l said May will be the worm turner for this stock. the key for this is infrustructure and 75%+ of stock is held by top 20 shareholders so when it takes off it will be tightly held like anything no one can promise 10 bagger. But as l said infrustructure to keep costs down are all there Rail, port facilities compare it other iron ore miners show promise but infrustructure is killing them, ie taking Rio Bhp to court to share facilities in pilbara. So with 2 chinese steel makers on board and buying all iron ore from wilgerup it gives cxm a great cash start and easy to get loan facilities, they say it will be a relatively in expensive mine to strip. So dream trader time to ante up or move on up to you.
 
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