RHK 0.00% 69.0¢ red hawk mining limited

china iron ore spot market goes weak, page-7

  1. 2,080 Posts.
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    Oppie

    The news you posted is more for IO producers not EXPLORERS.

    That will have little or no effect on FMS since they are not producing, and the IO is in the ground.

    If it did have an affect it is more than likely minimal and indirect on FMS.

    All commodoties are taking a battering and from what i am reading it might not stop for a while.

    The way i see it is as long as the IO is in the ground, FMS is safe, somewhat, from the commodities correction.

    There bank is the ground the IO is in

    Keep up the good posts Oppie
 
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