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Iron Road Ltd T.IRD


Primary Symbol: IRNRF

Iron Road Limited is an Australia-based mineral exploration company. The principal activity of the Company includes exploration and evaluation of the iron ore interests at the Central Eyre Iron project in South Australia including pursuit of business development opportunities associated with the Cape Hardy port site and industrial precinct. The Company’s projects include the Central Eyre Iron project and Gawler Iron project. The Central Eyre Iron project is located on the Eyre Peninsula of South Australia and is a collection of three iron occurrences, such as Warramboo, Kopi and Hambidge. The Gawler Iron project is in South Australia, located along the eastern margin of the Great Victoria Desert some 200 kilometers southwest of Coober Pedy. The Gawler Iron project area covers 3380 square kilometers (km2) and includes over 10 areas of known iron occurrences, including the Mt Christie deposit. Its subsidiaries include IRD Port Assets Holdings Pty Ltd and IRD Port Assets Pty Ltd.


OTCPK:IRNRF - Post by User

Post by microcaphobbyon Aug 16, 2016 4:20pm
109 Views
Post# 25147450

ird hit new high, more to come imho

ird hit new high, more to come imhoIRD hit an all time high of $2.40 back in  2007. Business is exponentially better . Smart highways spending   is just starting to ramp up and we are at the beginning of multi-year spending cycle. .Lots of recurring revenue helps increase p/e multiple. Look for a multibagger even at this share price.  Small float and share count is in its favour.     
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