Well Simple and Luringbream, if you want to accumulate , now is your chance.The bid side is almost empty and once holders get past the natural reluctance to cash out a loss there will be as many shares at this "bargain" price as you could ever want. You may want to wait, though, to find out how the company intends to raise the $50m it needs to get the first lot of ore on the ship.... and to find out what the margin is between production & shipping cost v. Fe price.......you might find that there is an even better "bargain" when that information is available.
DYOR & GLA
TYX Price at posting:
33.0¢ Sentiment: ST Sell Disclosure: Not Held
