GREY:ADEXF - Post by User
Post by
Shlinker_on Mar 09, 2013 10:26am
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Post# 21104241
Its still about the resource. Fe.
Its still about the resource. Fe. Well i wouldnt exactly call it a share dumping, but rather a share transfer. Someone wanted those shares, probably alot more than what the seller wanted to give up. RBC and Instinet have been accumulating for some reason. Doesnt matter why I suppose, but they are, and thats not a good or bad sign. Someone likes what they see, and someone doesnt, ran out of patience. We obviously need a big period of consolidation and thats whats happening now. I dont think AEI willo do a PP down here regardless, and hence the required need for the financial institution. All the due dilligence in the world can only take you so far, but i believe AEI can get this done. slow, but they'll get it done.
I just dont think XDIP is going to give-up all those resources to someone else. No way. The earth is only so big. They still need the iron ore, and XDIP would be crazy to give up the possible billions of tonnes at Tuktu and RB. XDIP would profit from the iron they sell to the market, and the iron they'd use to make their own steel pipes with.