Iron ore price, page-208

haha. of course. This is highly debate-able sector with a lot of variables.


Strategically, i think, until the day we have found a replacement mineral for iron ore, iron ore is definitely still important to Rio and BHP (more so for Rio than BHP, Rio's iron ore assets were always the better one). I am in no position to comment on Rio or BHP 's strategy going forward. lol.

Was I a believer? From a purely technical perspective, it was good, really good. But its like any business, a good product itself is never enough, you need everything else to line up as well, it definitely felt very distant.

I am happy to exchange info and knowledge - I am a newbie to the trading world so still learning how to translate these more fundamental info into share price forecast (wasn't allowed to trade stocks in sector I cover for many years).