brazil and cleveland.

(just posted this on CDG) re BCI.
One massive over-site i have observed within the Australian investment community and has yet to be picked up by the media that covers commodity investing, is the impact that the widening of the Panama Canal will have on global commodity supply. This will effect pricing dramatically and the production cost/shipping of iron ore to China and beyond could cause major issues for the Australian company's exporting iron ore. Brazil, particularly those company's located in northern Brazil, with projects close to ports, could become the most desirable alternative investment option for those are interested in more cost efficient iron ore projects than those located in Australia.
Iron ore prices could fall significantly once huge bulk shipping access begins and Brazilian projects become much more desirable.
Any thoughts on this would be appreciated, i think Cleveland and BC Iron are positioning themselves perfectly for this scenari