Interesting situation developing. I would think with China and India building as fast as they are, Iron is becoming a commodity that they want to secure. There are VERY capital heavy companies trying to gain traction into Quebec and Newfoundland. I've been following New Millenium Capital also, which has TATA investing in rail infrastructure in order to get the DSO iron. They have right of first refusal on a much larger Ore body. Why stop there?

Why not develop a slurry pipeline to move the bulk of the iron without having to deal with freezing issues, and the problem of a narrow rail shipment window of opportunity (seasonal). What if they were to continue, and connect a slurry pipeline from North to South? Then a shipping port via Adiana would give them the ability to process and ship to either China or India.

Just speculating, I don't have my head wrapped around this. I don't live in Newfoundland nor Quebec, but have an interest. I sense big things shaping up, and large forces at play.

Having either Iron heavy properties, or port/rail infrastructure would put a junior the crosshairs of a bidding war for capital heavy majors from both China and India. Attractive to this shareholder.

I welcome input, just thinking out loud and trying to gain mental traction. Boot