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donnie
30-07-2006, 11:40 AM
I've noticed alot of iron companies listing on the market over the last year or so, most of these companies seem to be going very well
CFE and RHI to be exact are there any other iron companies that take peoples fancy.

easy money
30-07-2006, 08:42 PM
arh.....

Packersoldkidney
31-07-2006, 12:16 AM
quote:Originally posted by donnie

I've noticed alot of iron companies listing on the market over the last year or so, most of these companies seem to be going very well
CFE and RHI to be exact are there any other iron companies that take peoples fancy.


I actually have got a smallish stake of RHI,....but noone seems to want to discuss them round here so I don't bother posting on them. I picked them up when IOH was going bananas, as I thought they had some excellent dirt. (even if on most of their tenements they only hold a fractional stake) RHI's stock is highly illiquid, and one bad drilling result will torpedo the shareprice, but someone seems to think they have the goods.

Miner's input on the GBG thread should also be looked at if you are looking at stocks in this sector: the really big percentage gains were made by those who got in at around 8 cents. (like I did, thanks to Miner and my uncle who gave me the skinny on their dirt, as he lives in Geraldton)

Easy's ARH look to be a darling of the sector as well: have to admit I caned them in their previous incarnation, but every dog has their day, etc.

Good luck with it, Donnie.

Packersoldkidney
03-08-2006, 02:36 PM
Jupiter with a fantastic announcement today....they really are shaping up very well. Well worth a look.

donnie
24-03-2007, 05:07 PM
rhi and not so much cfe have sure had a great run of late, there should still be more to come in the future.

shane_m
24-03-2007, 05:10 PM
china exports Iron...

donnie
24-03-2007, 05:16 PM
AGO could be the next big thing for the iron companies.

INITIAL PARDOO MAGNETITE TESTWORK FAVOURABLE

Atlas Iron Limited [ASX:AGO] has previously highlighted significant magnetite potential at it’s Pardoo Iron Ore Project, located 75 kilometres from Port Hedland in the Pilbara of Western Australia. Atlas is pleased to report that results from ongoing metallurgical testwork and infrastructure studies have been favourable. They continue to support the company’s conceptual exploration target of a 1 to 1.5 billion tonne of magnetite deposit grading 33 to 36% Fe.
Rigs have been secured, and resource drilling is due to commence at the Ridley Magnetite target over the coming week. An initial resource estimate is anticipated by July 2007. Atlas will complete this Magnetite drilling programme in parallel with direct shipping ore (DSO) drilling activities. The company remains on target to commence exporting DSO iron ore in the March quarter 2008.

sparrow
25-03-2007, 02:53 PM
No trading halt in London, where Cape Lambert finished at 28 pence (=68 Aust cents) Friday night.

Heavy Metal
25-03-2007, 04:51 PM
quote:Originally posted by shane_m

china exports Iron...


No, China exports steel...

sparrow
27-03-2007, 10:23 AM
Big Day Out for CFE (Cape Lambert Iron Ore) today. Going to announce a deal with Singapore based company which values CFE at around AUD $375 million, that's more than three times it's current market capitalization before last week's trading halt.

:):):D:D

Looks like light at the end of the tunnel for long time holders of IGL which evolved into CFE a couple of years ago. Hope there's some more of you out ther that stuck with it as I did.

donnie
16-04-2007, 06:26 PM
Good call on ARH easy money, up sharply after relisting

easy money
22-04-2007, 12:05 PM
WHILE the iron ore at Balmoral South might be making headlines there is more to ARH...not sure investers have priced in the value at the Sherlock Bay deposit...according to the company, there siting on more than aus 6 billion worth of nickel...then theres the uranium at Mt Salt while it is early days for his project there is plenty of scope for something big... managing direcer Darren Hedley belives that ARH will become a bigger company than Newcrest mining,Iluka resources and Oxiana in terms of gross revenue and ebitda...www.sbnc.com.au

donnie
11-05-2007, 04:59 PM
BC Iron has sky rocketed lately, there should be more to come this year with more results coming out over the next few month, BC Iron sure has along way to go.


BC Iron - Proving up the Resource
11/05/2007 By: egoli

BC Iron Limited (BCI) has recently commenced drilling on the Nullagine channel-iron deposits, located ~25kms to the north of FMG’s Cloud Break deposits. Initial assay results are due early May, with logging revealing iron deposits up to 17m in thickness. The company believes the deposits may contain a total resource of between 200Mt and 600Mt.

BCI listed on the ASX in December 2006 out of combined tenements held by Consolidated Minerals, Alkane exploration and private interests. The company is tightly held, with top 20 shareholders including vendors CSM and ALK representing 64%.

The Nullagine Project comprises three Channel Iron Deposits (CID’s); Bonnie Creek, Nullagine River, and Shaw River. The company is conducting a reconnaissance drilling program across the tenements, with the aim of quickly establishing tonnages with potential for direct shipping. The deposits lie just north of FMG’s new rail line.

Select surface sampling has revealed iron grades up to 59.8%Fe, and the company believes the deposits are comparable to the other CID deposits in the region, including those contained within Iron Ore Holdings (IOH) tenements.

The CIDs at Nullagine comprise two main zones; an upper, iron-rich pisolitic layer which becomes clay bearing at depth; Below, a clay-rich saprolitic zone (cyCID). The iron-rich material is preset in layers of varying thickness.

The FeCID logged recently at Bonnie Creek comprises vitreous goethite, haematite and limonite with consistent thickness of between 6 to 8 m from surface, overlaying 2 to 5 m of clay. The thickest sequence of FeCID logged to date is 17m.

Occurrence of CIDs

The Hamersley area consists of Archaean and Proterozoic rocks which form the basis of Australia’s iron ore industry, controlled by BHP and RIO. Iron ore in the Pilbara consists of three main types:

• Banded Iron Formation (“BIF”)

• Channel Iron Deposit (“CID”)

• Detrital Iron Deposit (“DID”)

CIDs in the Pilbara region account for some 7,800 Mt of iron ore resources. The Yandicoogina CID, mined by BHP and RIO is an example.

Historically, CIDs have not played a major part in the industry, however due to increased viability of the deposits, they now represented a growing proportion of production with over 100Mt produced in 2005.

Previous Exploration

Little exploration has previously been conducted on the tenements. Work by Alkane in the mid 90’s concentrated on exploration for diamonds. They focused on existing and palaeoriver systems using airphoto and satellite image interpretation, stream sediment sampling, detailed and reconnaissance mapping, and stratigraphic drilling of the channels.

Detailed mapping outlined semi continuous channel deposits over a length of 40km with widths varying between 150m and 700m.

Exploration Target

In total, the 15 EL’s held by BCI cover 1500km2, with the CID deposits having a combined strike length of over 90kms. The stated exploration target of between 200Mt and 600Mt of CID’s within the tenements is based on 15km2 of outcropping CIDs previously mapped, using an assumption of 40Mt per vertical metre. The spread of potential tonnage relates to the average depth, the lower end (200Mt) representing an average thickness of 5m, the upper estimate (600Mt) based on 15m average CID thickness.

The deposits are described as Robe-River type CID deposits, consisting of valley-fill sedimentary deposits, which over time have been iron-enriched, cemented and eroded to form mesas.

The current exploration effort involves completing 10,000m of RC drilling, which is designed to be completed by July 2007. The company plans to spend $3.25m over two years exploring and proving up the resources.

The directors have a strong background in the exploration, economic assessment, and mining of iron ore, including experienc

donnie
09-07-2007, 08:30 PM
A good announcement by AGO has surely helped make the price rise from 60c to $1.70

MEMORANDUM OF UNDERSTANDING SIGNED WITH
FORTESCUE METALS GROUP LIMITED

Atlas Iron Limited (“Atlas”) [ASX: AGO] is pleased to announce that it has entered into a
Memorandum of Understanding ("MOU") with Fortescue Metals Group Limited (“Fortescue”) [ASX:
FMG].
The MOU contemplates that Fortescue through it’s wholly owned subsidiary The Pilbara Infrastructure
Pty Ltd (“TPI”) and Atlas will negotiate in good faith to agree commercial terms on which TPI will
provide Atlas with services as follows:
(a) Interim port handling and ship loading services for the period March 2008 through to March
2009 at a rate up to one (1) million tonnes per annum of iron ore from its “Pardoo DSO
Project”. This service will be provided for a period of approximately 12 months or until such
time as the pending expanded public access berth is commissioned at Utah Point.
(b) Port handling and ship loading services for up to ten (10) million tonnes per annum of
magnetite concentrate from Atlas’ “Pardoo Magnetite Project”.
(c) Rail haulage, port handling and ship loading services at a rate up to three (3) million tonnes per
annum of iron ore from Atlas’ “Abydos DSO Project”.
Fortescue and Atlas have agreed that they will in good faith negotiate and seek to agree commercial
terms for the interim port handling and ship loading services for the period March 2008 through to
March 2009 within 60 days of the date of signing the MOU.
Fortescue and Atlas have agreed that the MOU represents the setting of a time line to work toward
achieving commercial terms that benefits each party, Pilbara communities and the State of Western
Australia.
Fortescue and Atlas have agreed that this MOU is not legally binding on Fortescue and Atlas.
“Being able to load iron ore through the TPI ship loader until the new government facility is completed
will minimise our impact on dust and road train traffic through the town of Port Hedland. That is a key
objective”, commented David Flanagan, Atlas’ Managing Director.
“While Atlas is planning to haul Pardoo iron ore to Port Hedland by road transport, we believe that rail
is the safest and most commercially viable means to haul iron ore. Wherever we can work with
infrastructure owners to achieve a workable rail solution, we will.”
“Access to a cape size berth with capacity for 10mtpa of concentrates is a major advantage to the Atlas
magnetite project”, he added. .....

http://sa.iguana2.com/cache/f04a9002cc603a2de8e17c6911a9b602/ASX-AGO-364962.pdf

tim23
09-07-2007, 08:35 PM
MPJ is cheap entry they hold 3 million AGO ords & 2.15 million options worth about $8.6 million at todays close prices.

shasta
09-07-2007, 09:03 PM
Two Iron Ore companies not already mentioned on this thread are ADY & GDM.

ADY has Iron Ore in Chile at Santa Barbara

Iron Ore Project, Chile
Admiralty Resources NL acquired a 50% interest in the Sociedad Contractual Minera Santa Barbara iron ore mines.
10,876 hectares of tenements.
JORC measured and indicated resource of 41 million tones of iron ore with an iron content averaging 13.7%.
Stockpiles of 3 million tones of iron ore fines grading 14% iron.
Production of 100,000 tones per month of magnetite iron ore averaging 63.5% iron with phosphorous at 0.06%, silicon at 4% and sulphur at 0.01%.
Iron ore is shipped out of Caleta, Caldera in handymax ships.
A number of distribution partnerships have been formed including ITOCHU Japan acting as agents for Japan and China.


GDM - has Iron ore at it's Cairns Hill project with 71% FE (+ Copper/Gold) & from Q4 2007 will be producing 1.4mtpa for 10 years...

I hold both...

donnie
09-07-2007, 09:12 PM
ROY Royal resources looks like it might be about to jump, it was up 10c today to 60c so make sure you keep an eye on this over the next 6 month.its got one or two good prospects under its belt.

corporateraider
07-08-2009, 08:17 PM
Was lucky enough to pick up some more IRD (Iron Road) at 36.5 today shortly after the company announced its first JORC resource of over 100M tonnes.
The share price finished considerably higher but even still the company is only capitalised at 14 million with just 26 million shares on issue.
There is a huge opportunity to be had here.

corporateraider
23-09-2010, 07:18 PM
IRD has just come out of rights trading and the share price has jumped.
Have never felt inclined to bet the house on this one, but have invested the equivalent of a well appointed shed and I havn't been disappointed.
A resource upgrade can not be far away. It's a magnetite play and not haemetite, but the upside from here seems very good. I love that it is a huge conceptual target!

corporateraider
24-09-2010, 06:59 PM
IRD up another 10.9% today. I'm no expert on charts, but it seems ok to me and the volume is certainly good.

corporateraider
27-09-2010, 07:50 PM
And up a further 9.8

macduffy
27-09-2010, 08:00 PM
Just love that code!

Anything with the initials "IRD" must surely make money!

But seriously, the recent SP trend deserves some attention.

corporateraider
07-10-2010, 08:37 PM
Note that IRD think that they have 30Moz of gold -yep thirty, the number after 29.