XJO 3380-3400 before the bounce IMO aaragon.Margin calls, forces...

XJO 3380-3400 before the bounce IMO aaragon.

Margin calls, forces selling, panic selling all of the above, the fundamentals of manganese and steel making commodities are still strong in the medium to long term, not many mines coming on stream in the near future. Demand will come back in time and the cream will rise to the top as long as AQD make a major discovery.

Number 1. AQD have major backing and alot of cash. Both are very hard to come in the current market by for many other junior hopefuls. The future of the company is at least secure post this downturn. Funny thing is no one saw the commodity sell off coming except for the chartists, as the current market was clearly overvalued.