skullduggery???, page-5

Have a look at the March 11 pics of Citic's project.......does it look like it set for failure??? Look at the resources being thrown at that project. What people forget is the Chinese are here for the LONG HAUL.

http://www.citicpacificmining.com/en/news/progress-images/march-2011-images/

Teething problems will be overcome, ore in the ground is still needed in massive quantities so that hundreds of millions of Chinese can continue to urbanise and improve their existence - they will perservere. They've done their homework, cost blowouts and time delays are just a part of life for ALL WA projects these days.

Did anyone see the front page of the AFR on Monday?? Headline "China Seeks Conrol over Iron Ore". They want to own 40% of imports and "break the big miners' grip on the market?. That means developing their own projects and chasing hundreds of assets like BSIOP...............

The Chinese aren't thinking short term and their reach in OZ is deepening by the year, despite the noise of the MRRT soverign risk and proximity to ports remain favourable.

Sit tight folks - I reckon we're sitting on top of a sleeping giant here.