iron ore price!, page-2

er6n,
I absolutely agree with your sentiment these institutional shorters are manipulating the sp simply to trade for their investors and make money on commission and not profit.
The price that AGO are getting for their IO is much more than they were getting in January and the USA and China are awakening again from their slumber.
Good times ahead for AGO .sp will be back to $1.0 plus in a flash.The quarterly was good if you note the comment re the last 2 months of the quarter.
AGO management is smart and they are getting development in place for the long term when contractor prices are keen so they get the development at a very reasonable cost.The long term plan for AGO is being rolled out exactly as management have said.
DYOR the SP will be at $2.00 IMHO by Xmas this year.