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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (28605)3/15/2004 6:42:26 PM
From: E. Charters  Read Replies (1) | Respond to of 39344
 
magnetite, that fabled and rare mineral! how fascinating and alluring..!

magnetite is practically worth its weight in solid steel.

no, don't need any.

I know where there is 5.4 billion tons of 50% iron. Suitable for shipping to chinese sources. It has excellent smelter characteristics. Hard to compete with Aussie sources though. would only cost about 200 million to develop. Have to have your own fleet of iron ore carriers to get it to market. Damned if I will pay PM and fils my profit.

EC<:-}



To: Condor who wrote (28605)3/16/2004 2:21:10 PM
From: hank2010  Read Replies (1) | Respond to of 39344
 
Now don't you go selling my Daddy's magnetite deposit too cheap, Condor!