GREY:CPMNF - Post by User
Post by
CONSTRUCTIVE_SUBVERSIONon Nov 22, 2011 2:02pm
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Post# 19258163
So many investors do not understand Magnetite vs.
So many investors do not understand Magnetite vs.Metalurgy is very important in terms of cost for the longer term investor, simple gravity separation is the way to
go. Magnetite is a much different game on the cost side for any potential iron ore producer. The benefication process goes a long way in terms of the determination of any potential net asset valuations. The whole point of my post is to point out that many iron ore investors don't do the relevant DD and seek out the companies that are hematite centric. It is why Fire Lake is interesting to me indeed, as well the company has a joint venture with another public company that has good appeal as well. Remember, always do your DD.