MGX 1.64% 30.0¢ mount gibson iron limited

SP's got ahead of IO price, GRR benefited little, Vale lost on...

  1. 1,211 Posts.
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    SP's got ahead of IO price,  GRR benefited little, Vale lost on expectation of future losses.  Are we facing a future shortage of iron ore or is just speculation driven by  speculators? upload_2019-1-30_10-20-45.png
    Dam collapsed

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    23 November IO price collapsed

    Definitely times to make money or loose money. The quantity of IO mined today is pretty much the same as last Friday. Approximately 300 dead miners make billions for others in just a few days. Where is the sense of this? Anybody to predict IO price in two weeks when situation stabilizes?
 
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