- james clarke
- September 19, 2012 - 21:46
The little bit I read about the conference and the fact that the iron ore prices will drop in the future,makes very little sense. Why would they bring up prices now?. Would it have anything to do with the proposed iron ore mine that is about to begin in marys River on baffin island?. This mine will be valued at about 16 billion dollars,10 to12 icebreaking ships @190.000 thou tons running year round from the mine to Europe year round. What will this do to the mines already in Labrador now?. Will this take any of the markets already now serviced with Labrador ore?.