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2.56% 76.0¢ red hawk mining limited

was the announcment deserving of a 2 day tradi, page-31

  1. bungy234
    13,185 Posts.
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    02/04/09
    14:47
    Post #: 4973018
    Blythefan

    Separate the iron ore from the core sample, then heat the ore to 1,000ºC and you don't get "60.54% Fe".

    This is what you get:

    [(583kg) / (1,000 – 57)] x 1,000 = 618kg of free moisture iron ore.

    i.e. 61.8% CaFe
    FMS Price at posting: 7.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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