iron ore, page-25

mr biggz

"I agree totally with Fats...
Wait 6 months and you will see who will be laughin.
Take a note of this post."

woops - the iron ore has all gone - and for a sale price that equates to about 0.6c per share

yes, watso took up the challenge , and took a note of the post, and it is almost 6 months (well, another month). a real shame if punters based their buying decisions on only reading positive posts on hc.

nevertheless, watso does commend you, for finally acknowledging that blythefan and watso were correct

in post nos Post #: 3621564 (29 december) fatstocks mentioned .. ok, still another 1.5 months to go

"6 months....
write it in the diary"

ok - watso did write it in his dairy

hard not to see an issue of 1 for 1 at 2c

unbelievable, that this stock has a market cap of $6m !!!!

ok - just a quick look, but the company has 44m shares in ero and that is worth about $2.5m. are these shares held in escrow??? - frankly watso has no idea about ero - and they could be ok - or maybe not. perhaps these shares are be hawked around - but the company could only sell about 20m of them (without triggering a take over bid) - and that would raise $1m.

a bit sad, that the funds are going into selheim - as everything about selheim has proven to be wrong.

if blythefan reads this post,then watso was simply having a stab in the dark about any treatment possibilities at the uranium prospect. as watso indicated,

"but probably more like "lake way", etc etc just a guess, as watso has not double checked"

watso simply did not double check anything, as he has never been remotely interested in the uranium prospect - and something must have crossed his mind, that maybe the cheapest option would be to leave the dirt where it was (ie no mining costs). just looking at the link that watso provided, and if mxr is anything like lake way - and given the general locality, it could be (ie gold fields - western australia) - then the proposed treatment method (if uranium prices increased 10 fold) might be similar to what is proposed at lake way.

heh heh - but watso recalls lake way - as it was discovered by VAM - and the very first shares that watso ever bought was called VAMGAS (floated by VAM) - and they had a 10% interest in the oil in the cooper basin - with santos and delhi