RE: Iron Ore Co. set for major announcementJust imagine the mighty IOC reserves are a mere 1.3 billion tons of ore. And look at what a success it has been blasing the trail of opening from scratch a mining operation and a whole town in the interior of Labrador. They had to build everything including a railway.
Now we have our NML with about 9 billion tons of ore. It is obvious that in time those resources will be brought to market and anyone who is negative about the infastructure needed or any other obsticla to development should simply consider the IOC story.
I will like some sell 50% of my shares when the time is right but not at 1.00 or 2.00 thats for sure, try 35.00 to 40.00 and then I will let 50% of mine go and hold the rest if I can unless I am bought out.