IOH bounced nicely off the trend line today. I couldn't help but notice that the prices of IOH and AGO were level pegging for most of the day. Just coincidence? Or is the market right in equally valuing IOH and AGO. Hmmmm?
A representative from Kinetics Securities recently said on TV that both IOH and AGO will be huge beneficiaries from the Spot IO price if and when the BHP/RIO/Vale negotiations with China are completed. Hope so.
DYOR.
I hold.
IOH bounced nicely off the trend line today. I couldn't help but...
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