Just watching SKY Business Channels and they had a quick interview with Kim Slater who is looking at Iron Ore Producers and he will talk about it tonight at 8:00pm EST in Your Money/Your Call.
Basically, he said more of these companies are bringing more cash into their system and there are talks of perhaps much higher dividends would be offered. The heading of the program is:
Is Iron Ore sector starting to turn the corner? Are more Dividends coming?
Please DYOR.
GBG Price at posting:
17.0¢ Sentiment: ST Buy Disclosure: Held
