Post by
NorseBH on Jan 17, 2012 10:42am
Good news.
It's nice to see 501 million tonnes indicated at Tuktu. I look forward to AXI exploring the other mag highs in the area and I don't think it's unrealistic to expect them to add another 500 million tonnes to their portfolio by this time next year. They have got a lot of Chinese support so as long as iron doesn't absolutely crumble I like where this stock is headed in the coming years.
Comment by
rpdeluca on Jan 17, 2012 2:05pm
Just to clarify, it's 501 mllion indicated at Roche Bay...combined with Tuktu it's over 1 billion tonnes..but note that Tuktu is all inferred.