Thanks for the cheap sharers! Unjustified drop because of anylyst downgrades. I'd say their about a month late to the party. Ok with me, I just buy more bring my pps down and tuck it away. Ask me in a couple years how I did! Learned a lesson following the heard in HPQ. Sold out near the bottom on BR concerns only to see it upgraded and watch the big dogs steal my shares. Not gonna happen to me again!! The game is rigged against mom an pop!!
agree. management was already taking agreesive steps in reducing debt and preparing for falling iron ore prices. debt levels may fall below 2billion in coming quarters. bloom lake cash costs should be below $65 once fully operational. analyst are overly pesimistic and just riding a negative sentiment to please customers.