agreed pied but there is a lot a space between 16.5 cents and $1.20 and as an investor I am very comfortable that this stock will go up either because they get a deal or because it is so temptingly low that someone makes a play for it. at the end of the day it is still a lot of iron sitting on infrastructure close to the coast with no environmental problems just waiting to feed some chinese steel mill. there are a lot of new iron plays out there but they are all early stage and way inland or way away from existing infrastructure. i figure a good year ahead for fwler's imo.
LCG Price at posting:
14.9¢ Sentiment: Buy Disclosure: Held