ARI 0.00% 2.9¢ arika resources limited

Sell or Stop Loss Making Business, page-9

  1. 464 Posts.
    hammer I believe IO spot price will stay under $50 per tonne until there comes a time when the big boys take total control.
    What we are seeing now is all the smaller operators pushed to the wall.
    AGO is likely to be gone, MGX and ARI could well be next, the market is now pricing these, you must follow the signs.
    Many others will disappear over the next few months possibly including Fort and then BHP and RIO will clean up.
    Writing is on the wall here right now, you can fight this plunge to your own peril I guess but you have been warned of the writing on the wall.
    imo
 
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