Similar comments were made about FMG when it was $3.50 per share. Iron ore is in oversupply and won't recover for years. At $8.50+ you would have wanted to get into the game before the rise don't you agree. The market is forward looking and will react to future demand before the demand actually occurs IMHO.
GXY Price at posting:
$1.34 Sentiment: Buy Disclosure: Held
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