Macarthur in a favourable position...With Cleveland cliffs closing APIO-Koolyanobbing mine along with Mineral resources expansion rejected & also closing -Carina mine and unfortunately the port of esperance will be losing export jobs.Jobs will be sitting in limbo? Macarthur Iron Ore Pty Ltd has approval sitting ready for the next stage . The urgency in the job market is creating more demand for Macarthur's Iron ore! What will be the next leg? In the mean time Pershing securities buying up shares?