quarterly ore contracts , page-16

We are living in completely different times...there is little to no comparison to the 1929 drop imo....things are so different now...thank goodness...we also had people jumping from windows on Wall street..

You will find that Governments back then cut spending, increased taxes and reduced fiscal stimulus...thats why it took so long...we have learned a few things since then....

Way too many arm chair experts trying to predict when the recovery will take place..including me...most are saying the recovery will take place second half of this year.......that will mean this financial crisis would have been going for between 18-24 months...

Looks like notrealgoodatthis proved his name sake....

FMS are still a mining minnow but with great upside...and prospects...probably better positioned that alot of minnows...some diversification also as they have phosphate and fingers crossed one day they just might find some diamonds....

recovery in IO will happen but it wont be as dramatic as the increases we have seen in the last five years prior to this financial crisis....