As usual, wrong! We've apparently been acquired already!In July,...

As usual, wrong! We've apparently been acquired already!


In July, Hancock Prospecting was granted a license for a 320-kilometer track that would carry 55 million tons annually. Market participants expect a bigger track to be laid, possibly operated by QR National, to generate economies of scale and allow other miners in the region such as Atlas Iron and Wah Nam International’s recently acquired Brockman Resources unit to transport ore to port.

http://blogs.wsj.com/dealjournalaustralia/2012/01/18/posco-doubles-up-on-pilbara-bets/