Iron ore price will keep falling and AGO will keep loosing...

  1. 712 Posts.
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    Iron ore price will keep falling and AGO will keep loosing money. I do not know why would anyone want to hold AGO now... 2 years ago I was positive about AGO but then IO started falling and the fundamentals changed dramatically. It will get worse so if you hold AGO thne be prepared. On the other hand knowing that AGO now costs peanuts many will try to play that so there is a potential for dramatic, short term price movements - either way.
 
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