There was an article in the age newspaper 15 january titled " Iron ore demand picking up: Atlas" l could'nt be stuffed typing the link in so you will have to find the article yourself, but it says Theres a big destocking of the big iron ore stockpiles in China thats going to need to be replenished and that iron ore prices will not fall anywhere near as bad as expected. That probably explains why AGO share price has tripled from its recent lows and other juniors doing better,
MMX Price at posting:
62.0¢ Sentiment: LT Buy Disclosure: Held