iron price, page-68

  1. JCoure
    35,231 Posts.
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    24/07/15
    06:38
    Post #: 15685692
    BHP and RIO r the winners then. However in FMG's defence, do you really think that Vale5's BE is 39?

    I would not trust the Brazilian Government and Vale accounts of that as would I not trust the Arrgentinian Junta but only IMHO pls DYOR. Vale5 is a rip roaring buy if anyone sseriously believed their figurres. Perhaps the US banks think Vale5 is OK, I think they think they r llending to the Brazilian Government when lending to Vale5.

    Also Roy Hill and Gina's piece has not shot out any Fe in anger, not yet at any rate.
    Last edited by JCoure: 24/07/15
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