Hi P. Does your voodoo doll look like the person I'm thinking...

Hi P. Does your voodoo doll look like the person I'm thinking of?

I was recently thinking that with the current iron ore price it's probably a good thing they never managed to get Wilcherry Hill off the drawing board. It would probably have sent IFE to the wall. And weren't they going to get a JV going with neighbouring giant Arrium (ARI) not so long ago? Check ARI out now - what a basket case they are, with a SP below IFE's, $2b in debt, and a massive dilution in the billions of shares needed as part of a recapitalisation scheme planned. What's happened to the world? Virtually nothing except gold can be mined viably any more (even tungsten, dare I say?), unless it's in huge volumes by giants like BHP or RIO. I guess sooner or later supply will dwindle due to above and finally demand and prices will rise again, but by that time how many shareholders of so may companies will have been destroyed? Oh for '06-'07 again so we could all make some easy money - and then get out and stay out forever!