If you have done enough research about the boom/recession cycle, geopolitical involvement and the sign is just there, if China wants more IO then why would they want the price to rise? First create a situation such as closing down mines/process facility, demanding higher grade IO and that definitely would reduce the price of lower grade etc.... then swoop in, lock in a cheap deal before unstoppable demand hit the market.
Reverse psychological tactics we all seen happen all of the time, especially in stock market. This the only reason 40% of my portfolio shifted to AGO. I am a man of result and I know 100% I am going to get it by the end of this financial year.
Not a financial advice - DYOR
AGO Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held