I was nosing around for some apples to apples juni

I was nosing around for some apples to apples junior iron miners. I came across Mt Gibson Iron in Australia. They probably have less reserves than us, although they are producing more ore right now, they have a billion outstanding shares, pay a $.06/share dividend(7%), and are having a heck of a time shipping ore because the rails are down for maintainance, according to their latest quarterly report, probably due to all the floods a year ago. They are trading at $.83/share right now and were $2.00 a year ago. All things being equal it looks to me like CWRN should be in the $.12 to $.50 range per share very shortly if we start steady shipments out. All my projected dividend numbers would even match up if we could manage a hair over a  million tons a year out the door to China. Any company buyback and share reduction by insiders would only multiply our results in the share price and future divys.

These guys are like looking at our twin sister, that is a few years older. And if memory serves, magnite is preferred over hematite, and Mt Gibson only has Hematite.. Heres the site for you hard core ironheads... LOL! http://www.mtgibsoniron.com.au/index.asp