mmx mis deal puts ironore back in the spotligh

Its simple!

If you want to make money, follow the dirt and buy ironore stocks.

The dynamics underpining the market have never been tightly. Supplry is still scarce. Demand is aggressive.

Cash continues to flow out of Industials (TOL etc) and out of Financials and anything cash intensive, and into the Miners and Ironore stocks


GBG @$1.48 has broken out. I bought another $70k today. IMO, its a huge target for the Chinese - with the combined MIS/MMX.

The MMX move today will only force Sinosteel to be more aggressive. The market sees that. They cant afford to just 'give up'.

They need steel otherwise the pace of Chinese rampid domestic industrialisation is threatened.

Its not rocket science. Just buy iron ore stocks.

They're all breakout out to the upside!

I bought some THX too today as a play on UMC as UMC is a great company and THX holds 30mn UMC and is trading almost at NTA.

NOT rocket science