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microcaps1

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microcaps1

Re: JohnCM post# 90178

Sunday, 03/13/2016 8:21:12 PM

Sunday, March 13, 2016 8:21:12 PM

Post# of 91121
Sunny is right but its too bad they are missing the low shipping costs -with oil making up the largest part of ship costs- and low trucking costs-and low labor costs in latin america

coastal mines-at least in latin america- can still be making a profit-especially with premiums for lump and above grade ore

people always forget that ore prices were only 10-14/ton til 2002 And didnt reach 45/ton til 2008 or 2009

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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