China has to support at least 9% growth... This means Iron Ore story is far from over.
The consequences of China not sustaining this growth will be tremendous to China a free fall to anarchy.... Will set them back 50years or so...
They want to be a super power, so far they have played cards right. So the 9% growth should be sustained, and Iron Ore will have another 20-30 years of telling to do. During this so called super cycle there will be down times commodidties are cyclic.
AGO management are just brilliant.... Thats why I own AGO shares. That makes all the difference there are alot of other juniors around but Im sticking with this one...
AGO Price at posting:
96.5¢ Sentiment: None Disclosure: Held