i hate to say it, but shareholders on this forum do not seem able to separate macro global facts affecting the iron ore sector (china growth, iron ore price going up, exchange rate coming down) from micro specific facts affecting atlas (falling grades, asset writedowns, rising costs).
apart from the recent blip atlas remains relatively impervious to global factors, hence the unrelenting steady decline in share price from $4.26 in August 2011 to 85 cents in August 2013 despite global factors suggesting an improving market.
you scan the media for news stories about china that make you feel better, post them, blow smoke up each other, and then wonder why the share price isn't going up. but you don't really research or discuss why Atlas are a bit of a dog.
its all very odd.
i hate to say it, but shareholders on this forum do not seem...
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