AGO 0.00% 4.5¢ atlas iron limited

chillamI don't think there is a lot of substance in the...

  1. 1,362 Posts.
    chillam
    I don't think there is a lot of substance in the article.
    Everyone knows the media are spinning this line at the moment, they can change their tune pretty quick, as they have already shown a few times this year.

    "Baoshan Iron & Steel Co., China’s biggest publicly traded
    steelmaker, said yesterday it cut product prices for hot-rolled and cold-rolled steel

    It may mean something, it also may mean nothing at all, we will have to wait for the next IO price movement to find that out.

    I stand by the Forbes article, I think we are about to see a
    big bundle of cash hit the economy.

    IMO this will send IO flying and AGO along with it.
 
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