I see what you mean....
BCI cant do what FMS does due to the tight liquidity. BCI is more of a buy and hold stock..the price wont get inflated by the traders. Thats ashame because I wouldnt mind a bit of easy money..but in this market I want stocks with limited downside risk. Ill be patient and wait for BCI's operations to progress.
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BCIron(BCI) Their tenements lie directly above FMG's Cloud Break and Christmas Creek operations. High-grade DSO resource of 28.0Mt @ 57.4% Fe established. Total CID resource of 47.2 Mt @ 53.6% Fe. MoU with FMG.
Targeted Resource DEC 2008 - 50 mt DSO at 57%+ FE
iron ore, page-104
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