Free Iron OreFancamp's holdings (in escrow til Oct.) of Argex are worth about 10 Million $...holdings in Champion
around 3 Million....present market cap about 7 million...all properties are valued at less than zero...
...which arguably iron ore prospects are worth right now ...risk /reward at .055 looks fabulous...
and remember the spinout of Magpie...never did happen but perhaps Argex would want it...that bulk
sample has been sitting in China for 6 to 8 months...my wish is that they spend no money on
anything as the market seems to think of all properties as liabilities...and perhaps the gross
earnings of certain directors in years past will be much curtailed...Again about 13 mill in securities
with a 6 and a half to 7 mill $ market cap...I'm in at .055