Is IRN in the GDXJ which is being broadly shorted your suggesting?
IT is also in the S&P ASX300, and the small resources index it seems though if these are being shorted
I personally can't understand single handedly shorted it at these levels?? You would definitely think Alsons or somebody else would be looking at this very closely
After the failed Zijin bid back in 2011 you would think the Chinese might be reluctant but at these levels who knows
IRN Price at posting:
13.0¢ Sentiment: ST Buy Disclosure: Held
