RE: Mont-Wright Iron ore is volitale it goes along with Chinese hand and hand... Their stocks are dwindled right now is why the iron ore pricing is rebounding so fast... Just before their Lunar year they go after commodities to restock.. I see China once again at the 8% percent GDP growth..Superstitious the Chinese are with the snake year this means not cautious but waiting to strike.. Change of powers in March conicindes on purpose with the lunar year..You will see a flurry of M/A this year with China..Even after all this gloomy assesment of 2012 not one iron ore asset from any company did they want to sell instead they cut slightly back on production and buckled down a bit but most of these assets are too good to give up on the iron ore side of things because these companies do know when China rebounds which they have bottomed these assets in the end will be worth to them, as much as gold. China will always need iron ore to develop as they are not finished developing and they refuse to buy from India their cheap pig iron, instead they scour Austrialia and Africa now Canada is on the map too for huge reserves of iron ore ...Which now India must compete with china for the best of iron ore too.. One thing that China did was gets it's foot in door first in Canada for the Labrador Trough with the energy deal puts Inida behind in iron ore and enegry in which case they better move fast with bi-lateral trades with Harper if they want a piece of the pie before China takes it all..Both these countries need all types of resources and commodities to feed and support their country and only few countries hold that of what they need.. Canada, Brazil and Austrailia..top countries this year will sit pretty this year because of it.. Canada and Austrailia who made the elite of currencies also is just icing on the cake..With the open bi-lateral deals Harper secured with China and still working on India makes Canada a great place for commodity investing.. Canada now just ripe for the pickings you can bet the companies know that and are priming their companies for the onslaught of M/A..JMHO