Thanks for posting the iron-ore video. Phil Newman of CRU Strategies sees 2013 global iron-ore in the $135-150/tonne range, FWIW.
p.s. The Labrador Trough includes CLF’s Bloom Lake mine in Quebec, which is very near the Labrador border and is about 150mi to the port at Sept-Îles on the Gulf of Saint Lawrence.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”