""i think China may have Iron Ore plan"" short/medium term will...

""i think China may have Iron Ore plan""

short/medium term will be to buyout most of the Iron Ore producers.

points

1) by the time in which Iron Ore price recovers.

China will have stock piled many football grounds of the good stuff.

2) ok, price has recovered a little from major slump.

thus the Ozzie companies say "ok are you going to buy some of the good stuff.????"

Chinese answer: No we've got Iron Ore stock piled up too our eyeballs. it will take some time before our current level drops below our buying level.

3) oh great, just when you think you're out of the crapper, along come another problem.

4) at this point, it's time to buyout a few players

ie: AGO, BCI, MGX, PERHAPS GINA & ROY HILL, LAST BUT NOT LEAST FMG.

food for thought.

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