iron ore, page-11

hi Drillfix, as you know the recession in US is only around 65% that it may happen. As to the exact date, no one knows for sure but my best bet is after the olympic games in china. Around Aug 2008 i would say. In 6 months time, the result in jubilee 20 holes should be out and with a bit of luck, i think most investors may bail out around jun and re-enter later. The million question is will the result push MZM to $0.50 by no later than jun? Thats why i have e-mail Juston regarding the position of the drilled holes. When we have a look, we can actually see where MZM is heading. But to expect this share to raise above $1 is going to be really hard unless it hit something major like RMS. Still even if it does spike, i expect many dumpers to bail out. It should be exciting.....