Carnage, this is a 5 to ten year hold for the likes of you and...

  1. 1,697 Posts.
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    Carnage, this is a 5 to ten year hold for the likes of you and me. AGO has a fighting chance and has been making a slim margin. Most businesses only make a slim margin in other industries, its not ideal. This talk of doom is over the top, AGO was raised to a hold by ratings agency and had a good quarterly. I am not advising anyone buy Iron ore companies not worth the stress but if your down 80% or so.......
 
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