Interesting comments by one of the brokers they interviewed on...

Interesting comments by one of the brokers they interviewed on CNBC - Trading Matters program earlier, recommending Iron Mountain (IRM). In brief he outlined the outstanding potential of Hematite discovery at Mt Richardson, noting the imminent key drilling results that the company is ought to release any day. He also commented on the large portfolio of projects held by IRM. I'll be looking to take a position over the coming day or two - its a great company with sound management. Keith Whitehouse (CEO)was a board member at Oxiana Resources and was also a key advisor to BHP for many years.
Just remember that it went from 15c to 60c on rock chip samples - imagine what it will do once the drilling results are out. The rock chip samples of 62%Fe grading is outstanding over great distances. The Iron Ore is extremely thick which adds to the commerciality of the resource. Its not rocket science. With the demand for Iron Ore ever growing the market cap only at $15mill this company could easily rise to $2ps.