I got burnt holding this stock and some other spec Iron ores on what they will produce these fantastic projects and estimated resource bases and significant funds required .Iron ore like Oil and other commodities had a boom it is likely not going to last given the slow down and even america's taking care of all the debt out there.
When will they be profitable,lots of conditions.
I been on this elevator ride and it can hurt once the cable gets cut.
These projests are not guaranteed, just trying to warn people.
Hey if the price goes up and you are prepared for this risk -good luck to you.
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