True..
All this talk about the iron ore price is sort of leading from the rear. The first indication of a rise will come from the prices of the BHP, RIO, and FMG. Newbies will scratch their heads, the old hands will have already have stocked up.
Why this is the case is a mystery to some, but it is a market truism of the strongest order. The current company price factors in everything that is already known, and then adds or takes away a bit more for what it doesn't know. Its a whole science on its own, but it takes years to understand that.
iron ore price, page-554
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