welcome cabral resources - iron ore in brazil, page-3

looks like the new director has put his money where his mouth is, from what i can see he has acquired his shares in the placement for 20c (his company does not show up in the top 20 released prior to the placement but he is in the latest top 20 with over 5m shares) and he has extensive brazil and iron ore experience

the friability of the material and the coarse grind combined with the rail and the pedigree of the management should see this one come good, they were initially involved with plv in the early days when it ran above $2, if my memory serves correctly

definitely one for the bottom drawer for a couple of years