io prices up, page-7

"On +ve news. IO prices "rose strongly again today. Still less than US $100 though".

Hi TarskiB

Imo IO prices will eventually come back.....probably not as high as they have been, but you never know.

One thing I believe is that there will be another stimulus package in the US. If that happens the US stock market will rise and as a result so will the Aussie market.

China are already bringing forward massive building projects to speed their economy up. They will need IO for these projects and with the big boys (BHP/Fortesque etc.) putting Ore production on hold, there will be less ore, thus higher prices and more demand.

Unfortunately this company operates under a cloud of secrecy and we have no way of knowing how they plan to take IFE forward.

In my case, I have no choice, other than to continue holding hoping by some miracle management eventually muddles their way though.

Cheers,
P.