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Re: None

Sunday, 02/22/2015 2:57:30 AM

Sunday, February 22, 2015 2:57:30 AM

Post# of 91121
and again a misleading negative slant- China is not so much going to import more Vale ore-although it will for reasons that have nothing to do w the article -but the point is the method of such import will change

Vale currently sends its monster ships to africa where cargo is transferred to smaller ships acceptable to china and in some cases china has probably demanded the chinese owned shipline be used-though this is the 1st time i've seen that

but since the seaborne trade is ALREADY focused on china- China will not import more ore due to the change in shipping method- in fact such change would make it more negative for China to import ore from Vale

China may import more ore from Vale for OTHER reasons

as Chinese imports are growing partly because the big iron producers price war has caused some Chinese mines to shutdown or produce less
and caused other competitors to get out or cease the china seaborne trade as CLF announced it was doing-

but we dont hear about those relevant things from certain quarters because those things are positive for CWRN

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?