Also I read a report a while ago on the goings inside China infrastructure that need to be build ( buildings,roads, rail, airports as well as ports)......So the Chinese will play a waiting game with BHP/Vale as well as the smaller iron-ore companies, playing them against one another so that they can benefit in the end with a lower price of iron-ore(my thoughts only)
As china thinks not in a number of years but in decades I'm sure that EIO has a future in iron-ore!
Good luck to all that hold EIO
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