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something strange going on?, page-21

  1. showman
    2,356 Posts.
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    12/01/10
    18:41
    Post #: 6193237
    ummmm.....RK help me here.....

    Maybe I can answer with a recent quote from the head of Rio...if you don't like it take it up with him...I happen to believe it, it is why I am in this business as I have been all my working life.... goes something like...

    "In the next 5 years China will consume more iron ore than Australia has exported in it's history".

    Makes you think doesn't it? Amazing the head of a major has come out and said it....they are normally very conservative. I also believe his view is correct.

    DYOR though,

    Cheers, Tony,
    PLV Price at posting: 47.7¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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