Is below $2 a possibility?, page-96

I do try and keep an eye on FMG, i like a bit of volatility, but i think i would be curled up in a ball in the corner if i had held through some of their extremes.

Politics in China has a big influence on them, at the moment i think the lower quality of their ore is becoming more of a liability, and i expect that to continue with VALE's higher quality core and pollution controls.

But they have done very well to be where they are now, i wondered if they would survive during those dark time a couple of years ago...

If they did start to diversify i would feel a lot better about them.