BDR 0.00% 6.5¢ beadell resources limited

BDR daily SP movement, page-615

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    Not long now, world markets not as rosy as some would have us believe... E.U. sick, U.S. sick... Gold patiently waiting for reality to strike... As Atomic says, move that dirt!!!

    "The Baltic Dry Index, a measure of shipping rates for everything from coal to ore to grains, fell to 504 points on Thursday, the lowest data from the London-based Baltic Exchange going back to 1985. "The main issue is the lack of demand for iron ore from China," Eirik Haavaldsen, a shipping analyst at Pareto Securities AS in Oslo, said by phone. "This market is looking like a disaster and the rates are a reflection of that." The Baltic Dry fell 2.9 per cent Thursday, taking its decline this year to 36 per cent.
 
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