Ok ROY do have hemetite iron ore deposites my guess is that they...

Ok ROY do have hemetite iron ore deposites my guess is that they have a minimum resource of between 70 and 250 million tons, and with so few shares on releases this company is a true bargin... I purchased the options at 7.6 cents thought about buying 30k worth how silly of me to hesitate. Some argue that Roy share price has gone up because its tightly held, there are a lot of small caps that are tight held and their share price is stil only 10 or even 4 cents. If roy finds 200million ton plus iron ore deposite and produces 5million ton per year i guess you might se the share price go to $12-15 I wouldnt imagine they would dilute to more than 100million shares.