iron ore miners get em while theyre cheap

Interesting comments from Midwest.... a Flinders only a short while ago...

MELBOURNE (Dow Jones)--Midwest Corp. Ltd. (MIS.AU) said Monday a A$1.2 billion takeover
bid by China's Sinosteel Corp. is opportunistically timed and doesn't appear to
recognize the bright outlook for iron ore miners.
In a presentation, the miner said the bid was timed to come before the conclusion of
iron ore price negotiations that could boost the value of iron ore stocks.