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24/05/07
12:31
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For your information, comparisons of Midwest resource particulars and market caps (CommSec 24th May 2007, undiluted)
Gindalbie Metals Ltd: Karara Project 14.1mt @ 60.6% Fe (Jan 07), 9 deposits, 29000m of drilling, + magnetite deposit, MCAP $256M
Midwest Corporation Ltd: Koolanooka & Blue Hills 3.4mt @ 58.2% Fe (Jan 04), 3 deposits, MCAP $417M
Mount Gibson Iron Ltd: Extension Hill & Tallering Peak 42.7mt @ 61.2% Fe (Jun 06), 7 deposits, MCAP $788M
Murchison Metals Ltd: Jack Hills 67mt @ 62% Fe (early 70’s, 04 prospectus), 17 deposits, MCAP $1,229M
Golden West Resources Ltd: Wiluna West Project 50.1mt @ 61% Fe (Apr 07 - Initial), 4 deposits, 36,000m of drilling, MCAP $119M
DYOR
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