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DewDiligence

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DewDiligence

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Re: biotech_researcher post# 8313

Thursday, 04/10/2014 9:04:39 AM

Thursday, April 10, 2014 9:04:39 AM

Post# of 30506

Classic supply-demand. More capacity has to come out of the world before this stops.

That happens automatically if the price dips below $110 per metric ton because that’s roughly the cash production cost of many ion-ore mines in China.

[whom] should we believe, the Vale CEO or Goldman?

VALE’s CEO. Goldman has been all over the map on its commodity forecasts in the past few years.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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