The sector is recovering and the simple indication of this fact is the yearly chart for FMG. Much like SBM every stock can and has made incredible reversals in the past, so it could happen here.
I'm confidence that a larger run will then warrant a consolidation of shares in the near future. So many shares changed hands just recently indicating my theory above and the new top20 list may show some promising new players having the confidence with AGO to invest (assumption). New AGO leaders, IO price recovering and folks like FMG (sector player) leading the way should hopefully have the big boys looking more seriously at AGO once again.
My rant have a wonderful day my friends and DYOR.....IMO
Iron ore bullish as Chinese futures surge, page-166
-
- There are more pages in this discussion • 212 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)