next junior into major iron ore company

Exploration Strategy: Direct Shipping Iron Ore

The Marda-Diemals greenstone belt is currently subjected to mining operations and increased exploration activity spurred on by buoyant prices for direct shipping iron ore. Portman has recently commenced operations at Mount Jackson and Windarling, while Polaris Metals have delineated reserves at Bungalbin.

Initial fieldwork recently completed by Transit has already unveiled three separate areas of hematite-goethite mineralisation within the Johnston Range (100%) and Copper Bore (earning 57%) project areas, grading up to 62.8% Fe

http://www.transitholdings.com.au/projects.html

this weekend have a look at TRANSIT HOLDINGS [TRH] (strange name for a resource company, perhaps one of the reasons why it's been overlooked).

reading a few recent reports, TRH has a real chance of being a major long term player in the Iron Ore Sector.

short term expecting further assay results, announcement pending.

here are a few recent announcements worth looking at:

21 Sep 2007 08:26:00 TARGET AREAS FOR IRON MINERALISATION EXPANDED

20 Aug 2007 14:18:00 Further Significant Iron Ore Results

27 Jul 2007 08:27:00 Progress Report