We all have opinions and here is mine the last 3 months of 2008 indicated China was slowing, mostly due to the sudden drop in exports. It was all doom and gloom according the the journalists. Its very easy to make future judgements on current trends , but alot harder to go against the grain with opposing foresight against them and report them in the media. China is slowly adjusting the economy to be more internally driven, and once these policies start to take hold with the stimulus packages previously announced, interest in the iron ore sector will continue to grow enhancing relative stock valuations. Looking forward to a great year ahead!
AGO Price at posting:
$1.40 Sentiment: Buy Disclosure: Held