iron ore price , page-9

Well we have heard this story. ore price falls. ore up. ore steady. yesterday, today and tomorrow.

china is china, ore is ore, fmg is fmg. we all know the upside and down side.

the things that will remain steady is the development of the company. its out put and cash to pay debt, they have lots time.

even at range of 100 to 110 they still make a good bucks. that is also old news.

they don't have to make it today. u have to look at each cycle over a time frame. for me all is very normal.

the seasonal factor the slow down in china ( if its true to the extend they would have u believe) same as they said the Eu would be dead by end 2012. they were almost certain. all good paper reading and keeps people employed.

keep to the big picture. the fundamentals of fmg even with an over supply ( as predicted) and the over stocking still has it rated 6.50 + in that environment.

soothsayers.