The MMX longer term holders pain may be coming to a end.....It now seems that the chinese are buying up as much iron ore capacity as possible, and that puts MMX in the front row position for a take over imo..... The share price is laughable given the assets and future plans of the company....I confess that I dont exactly know who will start the ball rolling, only that i doubt that it will stay in Japanese hands for much longer.SinoMidwestSteel would seem logical, although they must be embarrased over the price they paid for midwest now... I am reasonably close to the area where the company operates and I understand that all is well at this time....Please DYOR..
MMX Price at posting:
53.5¢ Sentiment: None Disclosure: Held