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microcaps1

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microcaps1

Re: microcaps1 post# 89361

Wednesday, 11/26/2014 1:06:12 AM

Wednesday, November 26, 2014 1:06:12 AM

Post# of 91121
at this rate all the biggies except perhaps one will be losing money as their costs-ranged from ca 65-75

over 50% of chinese mines w their average 15-22% ore probably losing money-
will china subsidize them? - dont see why china would long term- only has 8% of worlds reserves- so would be smarter to buy cheaper imported ore than subsidize

so at some point the big producers insanity should become apparent even to them and longterm demand/supply balance again

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?

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