Iron Lake Was sniffing around RL again--already own some and not tooo underwater--.Their approach to IR is appalling...Why advertize web link on Kitco all winter but not update Website since June...they tease you with "coming soon" news on Sanshaw or whatever it was called...that one is already come and gone ...nothing about Merry Widow area where they're supposedly now drilling...I'd like to believe that this is done intentionally while people load up on shares and cheap placements(i.e.-motivated by GREED).However I FEAR that management is too incompetent in that they believe a SIMPLE thing like a current website is not very important...Well...DUH??!!
Anyway iron contracts are seeing some amazing price increases .The last news release(you won't find it on their website or on Stockhouse) suggested some similarity to "Old Sport"...That showed almost 20 % iron...could be interesting...not the 65% like Baffin Iron(BIM) but a lot closer to chinese market than Pond's Inlet...At least a potential credit to offset costs of gold mining...