iron ore price, page-30

About two months ago,
"AGO" was doing 40 Mill a day.
Volumes are down lately but not
like today. Today was about as
low as I have ever seen it, with
just 6 Mill traded.
About $20 Million went through FMG today
and about $7 Million went through AGO.

So we can safely say there are no grand
conspiracies taking place with Black Rock.
Not today anyway!
AGO is always more sensitive to the Aussie
dollar and the Iron Ore price than the other
miners. I am not saying it's logical, it's
just the way it seems to play out.

As far as FGE is concerned it will most
likely fall from grace at the same speed
it took off.
It dropped 30% in 15 minutes on Monday,
as with most small caps. you can
lose your money just as quickly as you
make it.
There are more than a million ways you
could have made 10% on an investment today,
AGO clearly wasn't one of them.
IMO the only thing worth considering with FGE
versus AGO is that AGO is less risky.