It's exactly what I've been saying all along. Massive infrastructure projects underway in China (even bigger than the boom times). The chinese government will stop at nothing until they can say that they are the biggest economy in the world. And the government is slowly shutting down all the polluting steel mills...which means only the high grade stuff is being bought - which is what Karara produces. I suspect that is the reason for the $7 premium received during the Quarter. And hopefully that will rise further in the next Quarterly.
And all the supposed high paid commentators will soon be rerating their predictions. They are a useless lot. My tip to get rich quick....do the exact opposite to whatever all sophisticated Wealth Management groups predict. Just my opinion of course....but so far i'm right on the money.
GBG Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held