GBG 0.00% 2.9¢ gindalbie metals ltd

media quote "METAL sales, particularly copper and iron ore,...

  1. 871 Posts.
    media quote
    "METAL sales, particularly copper and iron ore, apparently are holding up only because China has been so busy stockpiling for strategic reasons"

    dictionary definition of strategic.
    "designed to disorganize the enememy's internal economy and to destroy moral"

    so now that we know the enemies stratagy how do the oz miners fight back?

    1-form a metals industry forum which collectively guides and plans the industries production and sales outputs.
    2-strictly control production designed to maintain a strategic advantage whereby miners control the prices.
    3-collectively agree not to settle for any downward price movements.

    the chinese imported $1.6B copper in april
    and iron ore imports were $3.3B

    given that they cant use all these resources right now they must either be dumb or smart.

    dumb because all that stockpile must cost a lot of money in interest payments.
    smart if their strategy works in driving down metal prices.

    i just hope all you metal industry ceo's are awake up to their games.

    i just hope that all you





 
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