quite correct there Robandcoll....the upside on the iron is...

quite correct there Robandcoll....the upside on the iron is huge.....have a look at Latitudes site (where TMR have purchased the projects)

http://www.latituderesources.com/s/NewsReleases.asp?ReportID=189437&_Type=Press-Releases&_Title=Potential-Economic-Copper-Gold-Project-at-Filipina-Grande

I'm no expert in processing but their consultants have shown 2 scenarios at Filipina Grande - the first without iron the second with iron at 20% grade....notice no material difference in the capital cost of processing but approx 30-50% increase in NPV of the project (depending whether 5 or 10% discount rate)

now Santa Dominga could potentially have similar cu and au grades but with 30-40% iron

both projects, along with IBR's armenian gold project gives them 3 opportunities to add another significant earner along side TMR's current productions in chile

we will all make a few cents in the short term (next couple of weeks).....but better still theres going to be few dollars in the next few years