interesting link owenb79 about vale iron ore I like the bit that states that vale want "to focus on expanding the companys biggest mine" I guess we wait. This info is taken from this link http://www.bloomberg.com/news/2012-09-10/vale-seen-cutting-budget-as-iron-ore-collapses-corporate-brazil.html thanks again for the link glta and as per ususal this is my take on things