AGO 0.00% 4.5¢ atlas iron limited

I just read an article where they predict IO to go down to 50...

  1. 3,234 Posts.
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    I just read an article where they predict IO to go down to 50 dollars a tonne and stay there for over a year. Who the hell checks this garbage? Where the price of IO could go down there (unlikely) every IO miner bar the low cost big behemoths would go broke (big behemoths would still SUFFER) thus demand for IO would grow driving price up. Simple market knowledge, I know. Shame that tool can't see that.

    Hate people that don't know there business!
 
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