LIM & Baffinland Iron Mines LIM: Labrador Iron MInes, is an example of a small iron producer that made it to the production stage.
BIM Baffinland Iron Mines, is an example of a the same that got bought out.
I believe this company could go either way. The resources is there, the plan is in place, the issue seems to be financing.
My strategy right now is slow accumulation.