wowwy wow wow, page-2

Hi tildesley,
Thanks for the article,no wonder many of the I/O juniors have been
looking perky over the last few weeks.


Pilbara fines, a type of iron ore, will advance 15 percent in the 2010 Japanese fiscal year to $70.80 a metric ton, compared with a previous forecast of $67.70 a ton, BofA said. Prices will gain 15 percent in 2011, up from an earlier prediction of a 5 percent increase, BofA said.

“This is a significant tighter market than the one we were forecasting in the beginning of the year,” BofA wrote. “Vale, BHP and Rio Tinto are already operating back at full capacity and there are no significant growth projects to be delivered over the next two years.”