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This will give you some idea of what will be reported on from the drilling. This will be one huge iron ore project of exceptional hematite grades and very low phosphorous and alumina content (the secret). Another one with George Jones at the helm. Not long before he has the Chinese into this I would expect. Todays confirmed breakout from the long term support trendline was exactly what I have been waiting for. Uptrend remains intact and looking very strong indeed with very large buyers coming in today. Smart money seems to like what they see.

Hole S1 64.9m @ 65.7% iron (from 16.5m below surface)
Hole S2 36.9m @ 64.6% iron (from 23.5m below surface)
"Contaminants play a major role in marketing and pricing of iron ore. Drilling of the Metzivemin prospect gave averaged analyses of 0.056% Phosphorous and 0.67% Alumina. These are considered to be low and quite acceptable to major steel mills."

http://www.sundanceresources.com.au/documents/news/00202_SDL_11052007.pdf

<blockquote data-quote="hangseng" data-source="post: 181891" data-attributes="member: 7558">This will give you some idea of what will be reported on from the drilling. This will be one huge iron ore project of exceptional hematite grades and very low phosphorous and alumina content (the secret). Another one with George Jones at the helm. Not long before he has the Chinese into this I would expect. Todays confirmed breakout from the long term support trendline was exactly what I have been waiting for. Uptrend remains intact and looking very strong indeed with very large buyers coming in today. Smart money seems to like what they see.<ul>
<li data-xf-list-type="ul">Hole S1 64.9m @ 65.7% iron (from 16.5m below surface)</li>
<li data-xf-list-type="ul">Hole S2 36.9m @ 64.6% iron (from 23.5m below surface)</li>
</ul>&quot;Contaminants play a major role in marketing and pricing of iron ore. Drilling of the Metzivemin prospect gave averaged analyses of 0.056% Phosphorous and 0.67% Alumina. These are considered to be low and quite acceptable to major steel mills.&quot;<a href="http://www.sundanceresources.com.au/documents/news/00202_SDL_11052007.pdf" target="_blank">http://www.sundanceresources.com.au/documents/news/00202_SDL_11052007.pdf</a></blockquote>

[QUOTE="hangseng, post: 181891, member: 7558"] This will give you some idea of what will be reported on from the drilling. This will be one huge iron ore project of exceptional hematite grades and very low phosphorous and alumina content (the secret). Another one with George Jones at the helm. Not long before he has the Chinese into this I would expect. Todays confirmed breakout from the long term support trendline was exactly what I have been waiting for. Uptrend remains intact and looking very strong indeed with very large buyers coming in today. Smart money seems to like what they see. [LIST] [*]Hole S1 [B][COLOR="Blue"]64.9m @ 65.7% iron [/COLOR][/B](from 16.5m below surface) [*]Hole S2 [COLOR="blue"][B]36.9m @ 64.6%[/B][/COLOR] iron (from 23.5m below surface) [/LIST] "[COLOR="Blue"][B]Contaminants play a major role in marketing and pricing of iron ore.[/B][/COLOR] Drilling of the Metzivemin prospect gave averaged analyses of [COLOR="blue"][B]0.056% Phosphorous and 0.67% Alumina[/B][/COLOR]. [COLOR="blue"][B]These are considered to be low and quite acceptable to major steel mills[/B][/COLOR]." [url]http://www.sundanceresources.com.au/documents/news/00202_SDL_11052007.pdf[/url] [/QUOTE]

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