Iron Mine better then a Diamond MineClines Iron mine will be better then the ABER Diamond mine.
Clines Iron Mine will cash flow for 10 to 20 years after the sun has set on the Aber Diamond mine.
Look at how many billions of dollars, have been spent tying to find another Aber diamond mine. The Diamond industry has to spend billions in exploration, buy out costs or construction of new projects just to replace its asset base.
Cline Iron mine will cash flow on the same basic capital cost outlay, for multitudes of decades, with little replacement or finding costs.
That is why iron mines are worth more then diamond mines.
Clines Billion dollar coal reserves are just icing on the cake.
Clines Uranium and Gold are cherries on the cake.
The cake is jumbo size and shareholders will feast very soon.
MP