Chinese traders tip iron ore to hit $US70, page-16

Agree - All juniors should be looking stopping production to cut costs, send everyone on leave, go into care and maintenance and sit it out otherwise they will have to come back to sh for capital raising to support money loosing operations - a road to long term ruin. I note there have been very few announcements to explain what mgt is intending to do under the current circumstances, just hoping things will turn around soon is not an answer nor an option!