bottom line-present low price,aided by manipulation, is unsustainably low at present time given marginal domestic Chinese costs and even marginable costs of CLF and perhaps Fortescue, given the 30% Australian mining export tax and total 40% Indian export tax-
though the big 4 are indeed scrambling to lower the price over time due to unmitigated short term greed, which prevails over any reason
the same way the big 4 let China dictate prices until 2008 in an illogical bizarre buyers monopoly
(0)
(0)
Cotton & Western Mining Inc. (CWRN) Stock Research Links