AGO 0.00% 4.5¢ atlas iron limited

buy recommendation., page-29

  1. 1,362 Posts.
    petey888

    I like the AGO story too.
    I like where we have come from and where we're going.

    I don't read many of Redrocks post, but it sounds like he is
    has taken a short position. A lot of people have!

    That's his investment, so not unlike a lot of people who talk up AGO on the upside he is talking the down side.

    We are very much at the mercy of the price of IO just like all the other IO miners. Including the bigger miners. I have some RIO which is not looking to great lately.
    However you don't lose anything until you sell.

    I live in Asia and I believe the China story has a lot more life in it yet.
    IMO the governments of China and Asia as a whole will continue the spending money policy.
    Western analyst look upon these governments as though they are responsible adults but the truth is they are more like socialist Greece on steroids.

    Once they spend all their money they will borrow and borrow until they cannot borrow any more.

    IMO there is another boom just around the corner and we have another ten years before the house of cards starts to full down.
 
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