Iron Ore up 1% to $117.20. Looks like we will be over $120 soon. Some good publicity for Iron Road, shows the government is committed in doing business for South Australia mining industry, hopefully rubs off on IFE/IFE. Also helps Tony Abbott is heading up to China, for trade talks representing the mining industry. I think we will see China's Super Cycle of commodities to start to rally again in the next few weeks, especially when the GDP's numbers come out.
Good news must be imminent..
TRF Price at posting:
7.9¢ Sentiment: LT Buy Disclosure: Held
