IO was down 10c ..right ??
oooh boo hoo ,, lets panic sell down everything .... and ignore the fundamental drivers ..up ahead ..
like when you add this $113 Billion worth of Chinese stimulus to build 21 infrastructure investmentprojects such as 16 Railways and 5 Airports, to India's intention to build100 new smart cities and develop infrastructure for 500 towns and cities, development of heritage cities and urban housing program's,
they are going to be needing some serious amounts of Iron Ore to accomplish all of this
AGO Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held