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Saving Grace

03/10/15 6:33 PM

#792 RE: Nebuchadnezzar #791

The entire sector is taking a hit. While the market continues to be saturated. This doesn't look good long and short term. Companies are expanding production and even VALE is acquiring assets while still continuing to decline in share value. Concalves can continue to juggle the books any which way he can and it still won't be enough.

http://seekingalpha.com/news/2357036-bhps-wilson-stands-by-iron-ore-expansion-amid-glut