Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Iron ore or iGadgets? A penny stock 10 years ago, Australian miner Fortescue has soared more...

  • Thursday, October 13, 2011, 12:54 PM ET
    Iron ore or iGadgets? A penny stock 10 years ago, Australian miner Fortescue has soared more than 50K%, fueled by China's insatiable demand for ore and is a symbol of the greatest mining boom since the gold rush. Asked about a possible slowdown in China, the CEO of highflyer Atlas Iron has no worries. "If China suddenly catches the flu, the whole planet's cactus anyway." Remarkable stuff.
Track new comments on this story

This news story has 3 comments:

  • OMG...!

    "...cactus anyway" I needed that...! LOL
    13 Oct 2011, 01:00 PM Reply Like
  • BHP is more diversified than FMG, and remains a core blue chip stock for any portfolio:

    http://seekingalpha.co...
    13 Oct 2011, 02:35 PM Reply Like
  • BHP Billiton Olympic Dam Expansion Approval

    http://bit.ly/oNGwFS
    14 Oct 2011, 10:33 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)