Iron Ore Price, page-15424

So Barkston,

Just so we are on the same page, here are some of your quotes.

Why people here possibly pay attention to, let alone credibility to a $13/t back-of-the-envelope target by a retail investor who get kudos for a copy and paste job on prices is beyond me. You should be making your own investment decisions.

Sounds a little personal to me, especially for someone else's opinion.. you r welcome to disagree, but really. The simple fact that someone gets belittled for what you call a cut and paste, of an iron ore price every morning (and in doing so helping me and hundreds of others, hence the thumbs up), is a just confrontational.

Nice obfuscations

1. Mixing impairments with underlying businesses on profit margins.
2. Mixing Rio and BHPs high grade 58-59%Fe Yandi pisolite with discounted FMG blend as if the products were directly comparable.
3. Focusing on cost rather than margin as being the key factor.

What are your next positive "seeds"?

You're hardly a Glyn Lawcock.

Implying that someone else's opinion is wrong.. not presenting a different opinion, just telling others they are wrong... just so we are clear it's fine to disagree, but the confrontational and condescending tone is what I object to.

In your prior post you've cast a remarkably wide net in labelling resource analysts, media, Rio & BHP and Goldman Sachs as a whole as being corrupt.

But you don't want this to be personal?

Personal would be the confrontational attitude that you pass off, RCs comments are based on analysts reviews of iron ore prices from analysts that seem to 'follow' the iron ore price up..

I wrote a post just after fmg started flying up about reading the hc fmg thread and knowing for months what the analysts wrote months later.. hence the contempt for people that are supposed to know.. (in the analysts defence, they have to cover their asses also, and can't provide 'opinion' like we can on hc). But that is why hc is so good being varied..

I've seen no undervaluation other than rcman claiming a mate of his "who knows about such things" thinks FMG is worth $6-7 more per share for paying down a much smaller amount of debt (do the maths on that magic pudding). Hence the magical $13-14 target.

RC's opinion which is never seen as fact, but again doesn't deserve abuse..

Don't get me wrong barkston, all opinions are welcome from my point of view.. but that's all they are... Opinions. If you are an analyst, do a good job, analyse and share your opinion, but it is no better than anyone else's opinion unless it quotes fact.. some people do back of the envelope calcs and make mistakes, others pick them up, but no one quotes that their calculation efforts are a magic pudding of fantasy..

this is all only my opinion..

Gltah