iron ore, page-11

G,day.
I have been reading in variuos articles about iron ore rising in price this year,Have also been reading about the producers not just here in oz but around the globe talking about and working towards a massive increase in supply, but the io shortfall last year was in the tens of millions of tons,The suppliers BHP ,RIO ,FMG,VALE etc are talking of an increase in supply in the hundreds of millions of tons.
Are we in for an oversupply at the latest 2010?We all know what that would mean for io company Share prices.Maybe that is why BHP wants RIO ?So supply of io is stabilised and so is the price?
It DOES relate to FDL as this is a concern for me as a long term holder.Mainly because the inferred resource isnt out till this fourth quarter .I hope the media isnt talking of io prices dropping by then.
I hope im thinking too much.C,mon FDL get those anns out.
Thanks Kongg.