clef, have a look at the course of sales,hardly any large buys over 100000 ,2 or 3 for the day so far. the bigger punters wanting in are hanging out for a price drop maybe Dow initiated but in my view they havent a lot of time left.Unless of course the impending resource upgrade is considered factored in already ,which at $1.20 seems unlikely.
overview of iron ore stocks by tim treagold, page-13
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