what's going on, page-23

I see some dummy has put 550,000 TTY for sale at 33cents.
Poor sucker doesn't realsie that India stuck up freight rates today by another 4%.

"Indian Railways, iron ore, coal, sugar, fuel inflation, Rail freight
Posted: Wed Dec 29 2010, 01:46 hrs

Indian Railways has raised freight rate for iron ore, coal, sugar and a few other commodities by up to 4%, a move that threatens to arrest the downward trend in headline inflation."

This will push the spot price higher.

AND

"Spot iron ore cleared $US170 for the first time since May, auguring well for the booming mining sector."


TTY is digging IO every day, won't be long and NO DEBT and cash in the BANK.