next break out, page-17

so miningio..quick question. what is BCI worth with an Inferred Resource 47 Mt @ 53.6% Fe including DSO 28Mt @ 57.4% Fe. MOU already established with FMG Rail and 10 million in cash at bank with a fully diluted market cap of 78 million.

They also have an exploration target between 200 and 600 MT of iron rich channel deposit within the pBC (Link below to initial exploration target)

I tend to think UMC are quite well priced. I dont mind seeing them go higher though because it is good for the sector. Same reason why Im hoping AGO keep powering up.

http://www.alkane.com.au/reports/asx/pdf/20061031.pdf