MMX 0.00% 4.7¢ murchison metals ltd

merrill lynch huge increase iron ore prices

  1. 493 Posts.
    Incase it is not on the thread already.

    Huge forecast on iron ore prices 100% increase

    Upbeat outlook for iron ore
    (Thursday, 27 September 2007)
    A BULLISH Merrill Lynch has forecast iron ore prices could rise some 100% next year if mining giants BHP Billiton and Rio Tinto achieve a "landed cost" agreement, which prompted most iron ore stocks into an upward trajectory in today's session


    What does that value iron ore stocks?
 
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