just like the Uranium days Iron Ore now starting to get over hyped by a few rock chip samples, 5-6 for the day would have been acceptable but 8.5 was just stupid, have to be careful with iron plays that have run hard, hype will die down just like every other metal runs dies down & restarts months later it s acycle, medium term Iron Ore is fine with a price increase expected but short term we have seen big reratings already may be time to cool off a little, who knowsa really just ahve to be a little cautious.
GNL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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