iron ore, page-3

don't worry about the iron ore. Looks to me a lot like 4 billion tonnes in the Canegrass iron ore field. In the current market we could have 10 billion tonnes and it probably wouldn't move the share price. Early days in the recovery but the recovery "is on".
Timing will be the key.
Like all the bear markets before this one the recovery will be hard and strong.....a lot of analysts are talking about a recovery in the order of 30 to 40 % in 2009. The data comparing yearly increases/decreases on the CTN recent announcement is well worth a look.
For each of the bear markets I have been through I feel for the guys who sell at the bottom only to see the rapid escalation of the market and share prices over the next 6 months.
Watch what happens with the iron ore prices when the massive infrastructure spending programs around the world kick in....unprecedented......massive demand on the way for those who can survive and hang on as the light at the end of the tunnel gets bigger and brighter.