vale allowed to resume work on key railway exp, page-8

Ultimatley, Vale will probably take AVB out via a bid. AVB will end up with well north of 1m -2m tons of higher grade copper than they have in their own deposits and it will lock up this highly prospective ground and any other future iron ore holdings. AVB will end up being strategic to them and in the mean time, we keep drilling and proving things up. The wild card is Xstrata taking us out first of course. They are big into nickle and we are about to see if this is any good as well. I think the stock could move into the 8c range very quickly now, the copper price is building.dyor.