CLE 0.00% 0.1¢ cyclone metals limited

I'M gone ., page-3

  1. 2,674 Posts.
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    Anyone in Iron Ore has had massive losses, is it because of oversupply by BHP, RIO, VALE and FMG or because of a simple drop in demand.?

    I've suffered a massive loss as well. No doubt Tony Sage and Frank Timis have suffered losses as well. But have a read of this snipet from the paper on Gina Rineharts loss over the last 12 months:

    "Ms Rinehart's losses amount to having whopping sums of money wiped off her wealth - $19,178,082 per day, $799,086 per hour, $13,318 per minute and if one really wants to dig down to the details - $221.96 per second."

    However she's still got about $20 billion left so it's not as bad as us.

    I was really looking forward to that CFE dividend but now I'm in a bit of strife as the cash has dwindled and employment looks shaky because of the economic downturn. On the bright side though - I'm not dead!
 
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