Yeah the 30 mill trade had me worried yesterday. But another way to look at it is that people are now holding. And won't sell unless it's for more. In a way those who wanted to cash out have by now. So that's why I'm thinking it might move north more. It's my very uneducated guess that so could be around 8.5-9 cents in the next coming months.
When io prices increased there was a lot of uncertainty that it's just a phase. It still might be. But it's not as short of a phase as speculated and it seems like it won't crash to levels that were being talked about. I think with Syrian war finally coming to an end there will be a surge in iron ore demand as the country needs to rebuild itself.
So that's what I've been thinking
AGO Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
