looks like the sellers are not that desperate to sell.looking at...

looks like the sellers are not that desperate to sell.

looking at AGO, SDL and GBG today i think cash is going back to the Jr iron ore stocks except for AXO. only 80k today, not much at all.

when the buyers clear out that big seller we could take a decent run.

just looking at the numbers, GBG has a market cap of $650m. AXO has a market cap of $68m, so AXO has the potential to be a $3.50 stock, as long as management dont sell us out.

there has been a lot of talk about hebei etc, so far nothing has heppened, which is a little worrying. bloomberg were confident enough to put out an article so there must be something happening.

looking at the SDL quarterly today they confirmed JV partners are doing due diligence, so i am just waiting for some sort of confirmation from AXO, i just wish it was yesterday already.

the AGO share price is closing in on $2 again, we we ever get some corporate activity with AGO a least we will know the stock has some decent liquidity.

spot prices are starting to rise again, you have to think the Chinese will be seriously looking for supply now.