AGO loses money!
It is a losing money business!
The evil shorters have nothing to do with that fact!
IMO they are taking a big risk by shorting when there
is clearly a good chance that AGO could be taken over for
a premium!
I think 10 cents is highly likely given the commentary from
U-Metal the last couple of days re: the IO price November!
There is no conspiracy other than by big Australian businesses
ramping up production and problems with the Chinese economy!
As for today: Iron Ore futures up almost 3% for the all important January!
You should get a reprieve tomorrow.
Good Luck.
AGO loses money! It is a losing money business! The evil...
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