I'm not one to try to pick future share prices, this is an...

I'm not one to try to pick future share prices, this is an easy equation though - do you think the resource will be mined or not?

If you think yes then it's an easy buy. Even the smallest iron producers MC's run in the billions of $'s, not millions. LDA willing to take $200million+ equity in HIO for it to progress toward production (the whole company isn't even worth that much on paper), is an extremely strong vote of confidence recently.

Someone will mine this resource. No matter how that happens, 20c a share right now is looking pretty good IMO. Even with a lot of dilution along the way to get there.