Iron ore sectorWe all know that Tau capital is a winner team. They sold Platexco(191M.$), Afriore(500M.$), Cic energy(420M.$).
We are in good hands...
The question is what will be the price for Talon?
We know that China is coming into the game. In 2010 they imported for 79 Billions$ of iron ! 29 Billions more than in 2009!! They need their own reserves and they are looking to buy companies who have Millions of iron.
I hope that Warren and his friends could prove quickly large reserves at Trairao and we'll see then the same GREAT story as in the past ...
2011 will be for sure a GREAT year for us !
Good luck!
Sandro