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Re: None

Monday, 01/16/2017 3:24:30 AM

Monday, January 16, 2017 3:24:30 AM

Post# of 8655
What if........
Iron ore = $100 mt
price impact on(a true million $ question):
clf?$$$$
vale?$$$
bhp?$$
rio tinto?$$
chprf?$$$$$$

Quotable quote:
"Iron ores are not pork bellies,83% of IR are controlled by only 3 suppliers" clf ceo

My view:
Iron ore business model has become more and more cartel-like:why fight any longer when everyone can make $$$$$$$$$$$(and get dissatisfied shareholder off its back): Wallstrez boyz are likely be wrong again,4th year in a row. OUCHHHHHHHHHH........

or
another chance to crush the shorties balls like stepping on grapes before smearing with your shoes! WWWWoooowwwwwwwww.....
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