fundamentals, page-3

ailung, you hit the nail on the head with your 2 points on MGX fundamentals, esp. your 2nd point showing the great continued demand for iron ore that china will have now & in the coming years. That's why I continue to top up MGX at these prices. It wasn't too long ago when it was a $3.74 stock. I too have heard that $5 is very likely in the coming year. The crucial point for the share price will be when conclusive evidence comes to hand toward the end of this year to outline that the Chinese economy can & is weathering the global economic slowdown storm. Once this realization has been affirmed then watch this stock Skyrocket to the heavens. Phuket here I come too ;-)