Recent press reports suggests India and not china is the big boom in resource demands esp Fe for steel and others. That would discount the demand cycle ending or weakening in 2009-2011. Some are suggesting the demands for resources could stretch for 25 years. Now thats a brave call. If it were true then holders of MMX and other Fe stocks such as FMG GBG MGX MIS are in for a good capital gains within the next few years. It is a worth wait if you are brave enough to hold.
I hold MMX and GBG only.
Anyone share my sentiments
DO your own research please. These are my own opinions only .
Recent press reports suggests India and not china is the big...
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