every time i read one of your posts i feel like jumping off a tall building !!
your latest pessamistic rant shows that you are so fearfull of the unkown that you must be incapable of stepping out your own front door in case something dreadfull happens to you.
all the negetive things you say about the GBG/ANSTEEL JV is utter garbage, and your doom and gloom scenario could very well apply to every other new iron ore venture in OZ.
the JV is based on commercial business principals and if it is as you say that ANSTEEL will drive GBG into the ground than as such ANSTEEL will also be driving itself into the ground.
considering that the chinese steel companies have told CISA to stick itself up where the sun dont shine there is a totally new positive ball game in china regarding the consumption and pricing of iron ore.
GBG Price at posting:
80.8¢ Sentiment: Buy Disclosure: Held
