BC Iron will be the best performing iron ore stock in 2014 as well as being top of the class for the small resources index

James Marlay
James Marlay Livewire Markets

BC Iron will be the best performing iron ore stock in 2014 as well as being top of the class for the small resources index. The business has delivered shareholders a 48.5% return including a 30 cent dividend. Over the past 2 years institutional ownership of BC Iron shares as increased from 10% to 70% of the register. The recipe at BC Iron has been simple and based on the high grade Nullagine project. Whilst a relatively small operation the execution coupled with a strong iron ore price has delivered initial investors 20 times on their initial investment. The challenge for BC Iron is to find the next leg of growth as the current operation has a remaining life of 7 years. A huge amount of value has been created, however, the next move will be defining in the life beyond Nullagine. A good read on a top miner (VIEW LINK)

iron ore equities

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