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0.00% 29.5¢ rutila resources limited

...found on fms forumAs companies step back, the world's wealthy...

  1. centrenow
    636 Posts.
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    24/03/14
    21:10
    Post #: 13167492
    ...found on fms forum


    As companies step back, the world's wealthy are piling in. This month, a company owned by New Zealand's Todd family backed construction of a railroad to transport iron ore from an Australian mine proposed by Flinders Mines Ltd. FMS.AU -3.57% They hope to emulate Australian mining entrepreneur Andrew Forrest, who built a $5.2 billion fortune in a decade by transforming Fortescue Metals Group Ltd. FMG.AU +1.81% from a tiny explorer into the world's fourth-largest iron-ore producer.


    Wall Street Journal Asia Full article

    http://online.wsj.com/news/articles/SB10001424052702304256404579451404288968932
    RTA Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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