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Re: temeku999 post# 15452

Friday, 12/31/2010 9:15:32 AM

Friday, December 31, 2010 9:15:32 AM

Post# of 91121
The reduced short figures seem to confirm "future" etc proposition that shorts were nervously scrambling early on,a not unusual pattern when shorts scramble. Apparently they had not done their dd or read or believed the dd on this board-for months.

Several have asked where they can look up iron prices.
Below every email CWRN notes the following: mbironoreindex.com

www.mongabay.com shows a 10 year chart. 7 years ago spot was 28-29/ton. Now 167/ton.
You can also google other sites.

I forgot but in defense of the word "theory" as used in my post,I was not positing such but merely responding to that word used by those who were claiming dilution.
There is no reason for dilution at this point. Given the continued nonsensical heavy shorting and profit taking by those who bought as low as .0002 just a couple months ago,and the soon coming revenues and company 3m under budget(as PR said)there is no evidence to support dilution.