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DewDiligence

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DewDiligence

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Re: None

Saturday, 03/17/2012 1:13:24 PM

Saturday, March 17, 2012 1:13:24 PM

Post# of 29662
(BHP/VALE/CLF)—SeekingAlpha author says iron-ore producers are sucker long-term investments:

http://seekingalpha.com/article/439081-iron-ore-margins-can-t-last

I think the author seriously underestimates the financial, environmental, and political impediments to bringing major new production capacity online.

Comments?

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

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