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Chris B... Interesting question... It has been rumored frequently that RIO, PCU and AA are all on the Chinese 'buy' list... Shame I keep getting stopped out of each of these..
Sep 29 17:11 pm
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All Comments by Urbane Gorilla! »What's Brewing Between China, Vale, and the Baltic Dry Index [View article]
Vale has a lot going for it... In particular, they have their own land transportation system in place... And, they have ordered their own small fleet of transport ships. It would seem they are trying to circumvent the 'cost of transportation' issue. Admittedly, the ship order could be cancelled if the economy keeps tanking...
After today, I'm wondering if I might be able to get some of these fine companies for under $10 a share... ??? OK... Just joking... I hope!
jegan