I agree that this forum is full of light weight uninformed hysteria.Big capital gains are behind us - its history - in the short term , its survival. Debt for infrastucture and establishing a port and mine will be awesome challenges for 2009/ 2010.Of concern is the position of Mitsubishi and their financial health. There have been some massive casualties in the last year, are Mitsubishi able to continue with plans unchanged?Japan is in recession- Mitsubishi's cash flow will be radically changed.The chinese investment in the Midwest is a huge positive tho.Oakajee constuction in this financial and iron ore market situation is more likely to be with all the involved players combining together.
MMX Price at posting:
59.5¢ Sentiment: ST Sell Disclosure: Held
