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I share the same views as you, as long as the chinese and indian economies continue to grow, this is one of the best iron ore plays. Although there needs to be hugh financing issues that need to be solved (US 2.5b), but i believe one of the large chinese mining houses will grab a stake in this project, (2.5b to them is nothing). Possibily RIO might be interest as well.


Miss the boat when this was around 8c..watched it rocket to 17.5c before i got in. touching 40c now


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